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It notes year after year the holiday shipping season shows an increase in cargo theft risks for transportation companies, shippers and manufacturers.
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Two defendants pleaded guilty on Tuesday in Federal court in Kansas for their role in a scheme to steal a load of processed beef from a meatpacker in southwest Kansas.
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The logistics security services company, FreightWatch International, reports in the third quarter of the year it recorded a total of 231 thefts in the United States, the same amount as a year ago, but the value of each theft averaged less.
Read More →Holiday weekends notoriously show an increase in cargo theft risks for transportation companies, shippers and manufacturers. Historically, FreightWatch has recorded high theft levels, including pharmaceuticals, electronics and several $1 million-plus valued thefts over Labor Day Weekend.
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The level of cargo thefts from trucking is nearly unchanged over the past three months, but the average value of each theft has risen dramatically, according to FreightWatch International's latest report.
Read More →Truck driver Artak Medjbarian of Sherman Oaks, Calif., has pleaded guilty to conspiring with others to attempt to steal $163,000 worth of beef products from a Nebraska Beef facility in Omaha.
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In the second quarter of 2013, the logistics security services provider FreightWatch International recorded a total of 194 thefts in the United States, a 27% increase in value and a 12% decrease in volume from the same time a year ago.
Read More →With the long Independence Day weekend, the chance of being a victim of a cargo theft increases dramatically. The new hours of service regulations that went into effect this week could make things worse.
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A new report from logistics security services provider FreightWatch International shows while the number of cargo thefts in the United States fell in the most recent three-month period, the value of the average loss moved higher.
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The number and value of cargo thefts in the United States declined February through April. according to a report released this week.
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