The Freight Industry's $455-Million Problem: What You Need to Know to Fight Back Against Cargo Theft

Losses from cargo theft total $455 million in the U.S. alone, and it impacts more than the carriers, shippers and receivers receiving freight. We investigate the most-targeted shippers and freight, the tactics thieves and criminals use when targeting freight to steal, and why cargo theft may be partly to blame for the stubborn inflation and rising grocery and retail prices.

We share some of the best ways to fight fraud and cargo theft, including how to vet carriers and technology providers and how tech can stop some incidents before they happen. We also explain everything you want to know about how cargo theft insurance works, including the cost of coverage, the claims process and how fast you can get repaid.

Finally, we examine how logistics professionals secure the supply chain, including which technologies and strategies they use so you can implement them, too.

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https://www.foxbusiness.com/economy/cargo-theft-us-canada-soars-record-2024

https://landline.media/cargo-theft-loss-reaches-nearly-half-a-billion-in-2024/

https://www.freightwaves.com/news/strategic-cargo-theft-costing-carriers-brokers-millions-in-freight-in-q1