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CargoNet said there were 692 recorded theft events during the third quarter of 2023 and thieves stole more than $31 million in shipments. The company warns that strategic cargo theft by using stolen identities of brokers and motor carriers continues to increase.
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Activity for the Fourth of July weekend in 2020 was at its highest since 2016 and increased by 123% over the previous year, according to a CargoNet analysis.
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North American cargo theft is on the rise this year, and the Covid-19 pandemic caused a spike in cargo crime in April.
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