cargo theft News
Year-end Holiday Shipping Surge Poses Heightened Cargo Theft Risk
The supply chain and logistics industry should heighten security and verification practices during the year-end holiday shipping surge, according to a new alert by Verisk's CargoNet. Based on a ...
Cargo Theft Spikes During Thanksgiving Holiday
The trucking and logistics industry should exercise increased caution during the Thanksgiving holiday period, when cargo thefts typically increase, according to Verisk CargoNet. Analysis of ...
While Q3 Numbers Hold Steady, Surge in High-Value Cargo Theft Seen Across U.S., Canada
While figures show a stabilizing theft landscape, high-value and ultra-high-value goods are increasingly targeted by organized crime rings, according to the Q3 report released by CargoNet. The cargo ...
Insurance Fraud Linked to Identity Theft Likely to Rise Significantly in 2025: NICB
The use of identity theft in insurance crime is expected to rise by 49 percent by the end of 2025, according to the National Insurance Crime Bureau (NICB). The insurance fraud watchdog analyzed ...
Texas, California Lead States in Cargo Theft Activity Over Labor Day Weekend
New analysis indicates cargo theft reaches new heights during Labor Day weekend, according to Verisk CargoNet. Labor Day thefts over the past five years have shown an escalation in theft over the ...
Police Nab Massive $4.5M Cargo Theft Ring Using LA Store as Front
An unassuming hardware store was the front for a theft ring trafficking millions of dollars in stolen cargo and retail merchandise, according to an announcement by the Los Angeles Police Department's ...
Heightened Cargo Theft Risk Expected During July 4th Holiday Week
The supply chain industry received an urgent warning indicating an increased risk of cargo theft is expected during the upcoming July 4th holiday week, according to cargo theft prevention and ...
Cargo Theft Arrests Lead LAPD to Nearly $4M in Stolen Goods
During the past week, two prominent members of the South American Theft Group (SATG) involved in the theft and sale of stolen cargo were arrested by detectives from the Los Angeles Police ...