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JERSEY CITY, N.J. — In 2015, the CargoNet® Command Center received and logged more than 1,500 incidents of cargo theft, heavy commercial vehicle theft, and identity theft of trucking companies in the United States and Canada. 881 incidents involved theft of cargo. CargoNet received a loss value on 53% of reported cargo thefts. $98 million in cargo was stolen in those 470 thefts. The average cargo theft loss value per incident was $187,490. If combined with the known loss value, we can estimate the value of stolen cargo in all 881 incidents to be $175,303,399. CargoNet recorded 10 cargo thefts worth more than $1 million this year.
California reported the most cargo thefts of any state or province. CargoNet recorded 158 theft incidents with a total loss value of $18.7 million. Texas was close behind with 130 recorded theft incidents and $12.2 million in cargo stolen. Texas was followed by Florida (98 thefts), Georgia (97 thefts), and New Jersey (80 thefts). It’s important to note that some states had noticeable increases or decreases in cargo theft from quarter to quarter. New Jersey is a good example of this. CargoNet had recorded 34 thefts in first-quarter 2015 for New Jersey, but by fourth-quarter 2015 the number had dropped to just 12 thefts. In contrast, thefts have increased in Tennessee each quarter. In 2015 49% of reported cargo theft incidents occurred between Friday and Sunday. Friday was the most common day for cargo theft: 21% of all cargo theft occured on Friday. Cargo theft also spiked briefly on Monday (16% of all cargo theft incidents). We took a closer look at our data, and it seems cargo theft groups prefer to steal Monday evening into Tuesday morning more than Sunday night into Monday morning. Wednesday was the least common day. Only 9% of cargo thefts occurred on a Wednesday. Food and beverage items were again the most stolen commodity. Of the cargo theft incidents that CargoNet received, 28% involved theft of food and beverage cargo. This was significantly more than the next highest categories, electronics and household, each of which accounted for 13% of stolen items. CargoNet is a division of Verisk Crime Analytics, a Verisk Analytics (Nasdaq:VRSK) business. Original Article By Today's Trucking Staff
TORONTO, ON — In security circles, the Greater Toronto Area has come to be known as the “shopping triangle” for cargo thieves who continue to wreak havoc on the Canadian trucking industry to the tune of $5 billion per year, snapping up everything from electronics to metals, by any means necessary. Read Article While the September through December time frame has for many years often ben considered the “peak season” for freight shipments (though that’s been changing of late) it’s also the “peak season” for something else: cargo theft. Read More
Homeland Security agents are hunting a fugitive suspected of digging up buried treasure from his rural property near Milford and fleeing the United States amid a federal investigation.
Read Article: http://www.detroitnews.com/story/news/local/wayne-county/2015/07/28/pirate-like-thief-buries-treasure-flees-country-feds-say/30814077/ The cargo theft data collected during the months of January, February and March of 2015
and used in this analysis continue to designate strong and consistent patterns in key areas, including where and when cargo thieves prefer to strike and the products they target to steal. BY JAMES JAILLET The average value lost per cargo theft incident rose 36 percent in 2014 compared to 2013, and the cargo theft threat level for 2015 remains high, according to cargo theft prevention firm FreightWatch International, who issued its 2014 cargo theft report this week. The report says: The average value lost per load in 2014 was $232,924 The number of reported thefts in the year totaled 794, a 12 percent drop from 2013 There were an average of 2.2 thefts per day. cargo theft map FreightWatch’s Hot Spot map FreightWatch says cargo thieves in the U.S. are becoming more sophisticated, with data “suggesting organized thieves offset the lack of access to a high quantity of shipments by targeting higher value merchandise,” the report notes. Stolen loads of electronics were one of the main drivers of the increase, as electronics thefts valued at more than $1 million tripled in 2014 from 2013, the report says. The report details what was being stolen: Food and drink loads topped the list at 19 percent Electronics loads accounted for 16 percent of all thefts in 2014, second on the most targeted list Home/garden loads accounted for 14 percent of 2014’s total Nearly all of the cargo thefts in 2014 occurred in just five states: Florida, California, Texas, Georgia and New Jersey And 90 percent of the year’s cargo thefts occurred while the truck was stationary or unattended, FreightWatch says. Related to that figure is the number of thefts occurring at what FreighWatch deems “unsecured parking” areas like truck stops. Lack of secured parking accounted for 87 percent of thefts, according to the report. Concerning trends for 2015 include growing use of technology like jammers and more sophisticated tactics of surveying and targeting high value loads, FreightWatch says. “The trend of increased targeting signals the necessity for industry leaders to improve security posture while simultaneously preparing for an escalated threat,” the report says. Electronics loads accounted for 16 percent of all thefts in 2014, second on the most targeted list. Food and drink loads topped the list at 19 percent, while home/garden loads accounted for 14 percent of 2014’s total. |
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