Four sentences were handed out in a multi-year cargo theft case responsible for more than $30 million in goods stolen over nearly three years.
CargoNet recorded a total of 741 cargo theft events in the U.S. and Canada last year, down from 836 in 2016.
CargoNet said 110 tractors and 109 trailers were stolen across the United States and Canada in the second quarter of this year, which is down 17%, and 29% respectively from the period last year.
More Americans than ever will be traveling, and a security firm warns that holiday weekends are notorious risks for for manufacturers and logistics providers because of the high numbers of unattended shipments.
CargoNet has issued its annual reminder that cargo theft activity often increases around Memorial Day weekend and is once again offering common sense tips to avoid becoming a victim.
“Cargo theft hasn’t necessarily gotten worse lately, but there is more sophistication on the criminal side than 20 years ago when it was strictly a crime of opportunity,” says Eric Fuller, CEO of U.S. Xpress. But there is much motor carriers can do to help protect customers’ goods and their own assets and employees from heists.
Two new reports paint slightly different pictures of cargo theft, but there is no doubt the problem continues, especially in certain parts of the country and for specific types of freight.
Transportation management provider Truckstop.com has partnered with CargoNet to help combat cargo theft in the trucking industry.
A new report reveals the number of reported cargo thefts in the U.S. fell during the second quarter of the year compared to the same period in 2015, but the average value of the heists increased, according to CargoNet.
Temperature-controlled truckload carrier KLLM Transport Services has announced that it is installing Power In-Lock internal locking systems on its fleet of trailers.