Transport Security - ENFORCER
  • Solutions
    • Trailer Security Solutions
    • Truck Security Solutions
    • Container Security Solutions
  • Products
    • ABLOY® Padlocks
    • Adjustable Lock
    • Seal Guard™ Locks
    • King Pin Locks
    • Trailer Door Hasp Locks
    • Roll Up Door Lock
    • Air Cuff® Locks
    • Glad Hand Lock
    • CargoGuard Lock
    • Trailer Lock Box
    • Security Kit
    • Landing Gear Lock
    • Steering Lock
    • Bulkhead Door Lock
    • Security Seals >
      • C-TPAT Seals >
        • Cable Sealock
        • Cable Seals
        • Bolt Seals
      • Indicative Security Seals >
        • Plastic & Metal Trailer Seals
    • GPS Tracking >
      • Tracking Login
      • Covert Tracking Technolgy
      • Fleet and Vehicle Tracking Technology
  • Industries
    • Trucking
    • Refrigerated Trucking
    • Flatbed Trucking
    • Tanker Trucks
    • Retail
    • Portable Storage
    • Shipping Containers
    • Construction
  • Keying
  • About
  • News
    • Success Stories
    • Sign Up For Newsletter
  • Contact
    • Careers
  • Request A Quote

Cargo Security News

Value of Cargo Theft Increases

8/23/2013

0 Comments

 
Seal Guard Lock 5900Prevent Trailer theft and seal tampering
The level of cargo thefts from trucking is nearly unchanged over the past three months but the average value of the thefts has risen dramatically.
 
The logistics security services provider, FreightWatch International, reports from May through July it recorded a total of 185 thefts in the United States. The average loss value per incident during this period was $147,260. Compared with the previous quarter, thefts increased by 1%, while the average loss value increased by 23%.
 
Food and drinks was the product type most often stolen in this rolling quarter, comprising 25% of all incidents during the three-month period. The electronics industry experienced 13% of the total, while 12% of all thefts were in the building/industrial sector, including shingles, construction materials and equipment.
 
California remained the state with the most thefts, with Texas continuing to follow in second. The thefts in California accounted for 25% of all incidents across the United States. Texas had 16% of the total, while Illinois reported 14%, making it the third most popular state for cargo theft. Florida dropped from third position to number four, having experienced 11% of thefts in the rolling quarter.
 
Following the usual trend, incidents involving theft of trailer/container, were most common, accounting for 76% of all thefts. Thefts involving deceptive pickup remained the same as the previous three months, comprising 9% of all thefts.
 
While the average loss value across all incidents was $161,676 for the quarter, the average losses in specific product types varied widely. The alcohol category had the highest average loss value at $481,108, a 547% increase of over the last rolling quarter. Clothing/shoes, which experienced nine thefts, averaged $397,333 in losses. Cosmetics/consumer care followed with an average loss value of $320,000 resulting from three high-value thefts. Tobacco saw a drop, from $315,008 last rolling quarter to $254,400 this quarter.
 
Original Article

0 Comments
    Tweets by @stopcargotheft

    Categories

    All
    Abloy Padlock
    Adjustable Trailer Lock
    Air Cuff Lock
    Cargo Security News
    Cargo Theft
    Cargo Theft Mexico
    Flatbed Trailer Security
    GPS
    King Pin Lock
    Loss Prevention
    Pilferage
    Press Release
    Seal Guard Lock
    Security Articles
    Security Articles
    Security News
    Security News
    Trailer Theft
    Truck Theft
    Videos

    Archives

    January 2023
    December 2022
    November 2022
    September 2022
    August 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    October 2021
    August 2021
    December 2019
    November 2019
    September 2019
    June 2019
    February 2019
    August 2018
    July 2018
    June 2018
    May 2018
    March 2018
    February 2018
    January 2018
    September 2017
    May 2017
    April 2017
    February 2017
    December 2016
    November 2016
    May 2016
    April 2016
    February 2016
    January 2016
    September 2015
    August 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    August 2013
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    June 2010
    May 2010
    February 2010
    September 2009
    August 2009
    July 2009
    April 2009
    March 2009
    November 2008
    September 2008
    April 2008
    October 2007
    September 2007
    April 2006
    February 2006
    February 2005

    RSS Feed

About Us

Preventative Maintenance
Contact Us
News
Trailer Security Solutions

ABLOY Padlocks
Adjustable Lock #1217
CargoGuard Lock #8075
Door Hasp Locks #8000 & #8014
King Pin Lock #1111
King Pin Lock #1112
Landing Gear Locks #1213
Roll up Trailer Door Lock #8050
Seal Guard Lock #5900
Seal Guard Lock #5950
​Trailer Lock Box #8055

Truck Security Solutions

Air Cuff Lock #3000
Air Cuff Lock #3030
Security Kits
Steering Lock 
GPS Tracking Technology

Covert Package Tracking
Truck and Trailer  GPS Tracking
Tracking Login


©2023 Transport Security, Inc.  820 South Pine Street Waconia, MN 55387   952-442-5625    enforcer@transportsecurity.com
Warranty / Disclaimer
  • Solutions
    • Trailer Security Solutions
    • Truck Security Solutions
    • Container Security Solutions
  • Products
    • ABLOY® Padlocks
    • Adjustable Lock
    • Seal Guard™ Locks
    • King Pin Locks
    • Trailer Door Hasp Locks
    • Roll Up Door Lock
    • Air Cuff® Locks
    • Glad Hand Lock
    • CargoGuard Lock
    • Trailer Lock Box
    • Security Kit
    • Landing Gear Lock
    • Steering Lock
    • Bulkhead Door Lock
    • Security Seals >
      • C-TPAT Seals >
        • Cable Sealock
        • Cable Seals
        • Bolt Seals
      • Indicative Security Seals >
        • Plastic & Metal Trailer Seals
    • GPS Tracking >
      • Tracking Login
      • Covert Tracking Technolgy
      • Fleet and Vehicle Tracking Technology
  • Industries
    • Trucking
    • Refrigerated Trucking
    • Flatbed Trucking
    • Tanker Trucks
    • Retail
    • Portable Storage
    • Shipping Containers
    • Construction
  • Keying
  • About
  • News
    • Success Stories
    • Sign Up For Newsletter
  • Contact
    • Careers
  • Request A Quote