Cargo Thefts Rise Nearly 60%

Driver IssuesBehind the WheelInsuranceClaimsMoney Matters
Written By Jennifer Joslyn

👮🏼‍♀️ Cargo Thefts Rise Nearly 60%.

CargoNet has reported a significant increase in cargo thefts in the second quarter of 2023, with 582 recorded incidents in the United States and Canada. This marks a 57% rise compared to the same period in 2022. The increase is attributed largely to shipment misdirection attacks, a type of strategic cargo theft involving stolen motor carriers and logistics broker identities to obtain and divert freight. The total value of stolen shipments exceeded $44 million in Q2 2023, with an average value of $260,703 per theft. Cargo thefts involving loaded conveyances, such as full trailers, increased by 17% year-over-year. These thefts were most common in California, Texas, Florida, and Illinois. Additionally, CargoNet noted a growth in extortion and theft by conversion schemes, primarily orchestrated by organized groups in Illinois and California.

Read more from The Trucker ▶

Featured
AT&T's $370,000 Deal with Hacker to Delete Stolen Data
AT&T's $370,000 Deal with Hacker to Delete Stolen Data

Earlier this year, AT&T paid around $370,000 to a hacker to delete customer data stolen in a hacking spree, according to Wired.

Bribery Scandal at AT&T As Former Executive Faces Trial
Bribery Scandal at AT&T As Former Executive Faces Trial

A former AT&T executive, Paul La Schiazza, is slated for trial in September 2024 over allegations of bribing an ally of the then-Illinois House Speaker, Michael Madigan, to secure legislation beneficial to AT&T.

Tragic Incident at Brenham DPS Office Highlights Security Needs in Licensing Facilities
Tragic Incident at Brenham DPS Office Highlights Security Needs in Licensing Facilities

For those of us in the transportation and logistics industry, the recent tragic incident in Brenham, Texas, where a man drove a stolen 18-wheeler into a Department of Public Safety (DPS) office, serves as a stark reminder of the critical importance of security and mental health support in our field.

Nearly Four Tons of Cocaine Seized in High-Stakes Chase Off Colombian Coast
Nearly Four Tons of Cocaine Seized in High-Stakes Chase Off Colombian Coast

Recently, there was a major drug bust in the Caribbean Sea near Colombia.

Texas AG Accuses Biden of Aiding Cartels
Texas AG Accuses Biden of Aiding Cartels

Texas Attorney General Ken Paxton accused President Joe Biden of aiding Mexican cartels by halting deportations.

Trucking Owner Pleads Guilty to Scheme Targeting Amazon and Bath & Body Works Shipments
Trucking Owner Pleads Guilty to Scheme Targeting Amazon and Bath & Body Works Shipments

An Ohio trucking company owner confessed to wire fraud in a federal court for participating in a scam that cheated shippers, including Amazon and Bath & Body Works.

Salt Lake Trucking Group Convicted of Massive Fraud Scheme Involving FedEx
Salt Lake Trucking Group Convicted of Massive Fraud Scheme Involving FedEx

Salt Lake Trucking Group (SLTG) was found guilty of fraud charges following reports by Gephardt Daily that the company received $108 million from FedEx through deceptive practices over the past ten years.

Cybercriminals Target Truckers with Fuel Card Skimming Scams
Cybercriminals Target Truckers with Fuel Card Skimming Scams

Cybercriminals are giving carriers a run for their money by targeting truckers with fuel card skimming scams, making legitimate fuel expenses a tricky battle.

International Coalition Launches 'Operation Prosperity Guardian' to Safeguard Red Sea Trade Routes
International Coalition Launches 'Operation Prosperity Guardian' to Safeguard Red Sea Trade Routes

An international coalition of countries, including the United States, the United Kingdom, and others, has launched "Operation Prosperity Guardian" to counter Houthi rebels targeting commercial ships in the Red Sea.

BP Joins Major Companies in Suspending Red Sea Shipments Amid Houthi Rebel Attacks
BP Joins Major Companies in Suspending Red Sea Shipments Amid Houthi Rebel Attacks

BP has decided to halt all shipments through the Red Sea due to recent attacks on trade vessels by Houthi rebels in Yemen.

Quebec Trucking Firm VP Sentenced to 10 Years in U.S. for Cross-Border Cocaine Smuggling
Quebec Trucking Firm VP Sentenced to 10 Years in U.S. for Cross-Border Cocaine Smuggling

Guillaume Latour-Laitre, the vice president of a Quebec trucking firm, has been sentenced to 10 years in prison in the United States for his involvement in a cross-border cocaine smuggling operation.

Republican Leaders Probe $3 Billion DOE Award to Sunnova Amid Accusations of Exploitative Sales Practices
Republican Leaders Probe $3 Billion DOE Award to Sunnova Amid Accusations of Exploitative Sales Practices

Republican leaders in Congress are investigating the Department of Energy's $3 billion award to Sunnova Energy Corporation, a solar company accused of exploiting vulnerable customers with deceptive sales practices.

Truck Driver Charged with Homicide After 15-Year-Old Student's Tragic Death at School Bus Stop
Truck Driver Charged with Homicide After 15-Year-Old Student's Tragic Death at School Bus Stop

A 41-year-old truck driver, Gregory Jackson, has been charged with criminal negligent homicide in connection with the death of a 15-year-old Livingston ISD student who was struck and killed by an 18-wheeler as he was getting off a school bus.

Texas Passes Controversial Immigration Law Allowing Arrests for Illegal Border Crossings
Texas Passes Controversial Immigration Law Allowing Arrests for Illegal Border Crossings

Texas lawmakers recently approved Senate Bill 4, which would permit Texas police to arrest individuals for illegally crossing the border from Mexico.

US Suggests Somali Pirates Behind Israel-Linked Cargo Ship Attack Amid Houthi Concerns
US Suggests Somali Pirates Behind Israel-Linked Cargo Ship Attack Amid Houthi Concerns

The United States suggests that the attackers who attempted to seize an Israel-linked cargo ship were likely Somali pirates rather than Houthi fighters from Yemen.

Large Methamphetamine Seizure at U.S.-Mexico Border Highlights Ongoing Smuggling Efforts
Large Methamphetamine Seizure at U.S.-Mexico Border Highlights Ongoing Smuggling Efforts

U.S. Customs and Border Protection officers seized 354 pounds of methamphetamine hidden in the bed of a pickup truck crossing the border from Mexico into the United States at the Paso Del Norte international crossing.

Record-Breaking $1.03 Billion Counterfeit Goods Seizure Leads to Arrests in the US
Record-Breaking $1.03 Billion Counterfeit Goods Seizure Leads to Arrests in the US

Federal prosecutors arrested two individuals, Adama Sow and Abdulaj Jalloh, and seized over 200,000 counterfeit luxury items worth $1.03 billion in what is being described as the largest-ever seizure of counterfeit goods in US history.

Ransomware Attack on ICBC Disrupts US Treasury Market, Raising Concerns
Ransomware Attack on ICBC Disrupts US Treasury Market, Raising Concerns

A ransomware attack on China's Industrial and Commercial Bank (ICBC) disrupted trading in the $25 trillion US Treasury market, forcing ICBC to send trading data on a USB stick to BNY Mellon for settlement.

Man Drives Through Gate of South Carolina Nuclear Plant, Evades Security
Man Drives Through Gate of South Carolina Nuclear Plant, Evades Security

Authorities are searching for a man who drove through the gate of a nuclear power plant in South Carolina and allegedly attempted to hit security officers before fleeing.

Five Murders Keep Homicide Detectives Busy on a Violent Weekend in St. Louis City
Five Murders Keep Homicide Detectives Busy on a Violent Weekend in St. Louis City

St. Louis City experienced a violent weekend with multiple murders and assaults. Five murders occurred within a short period, keeping homicide detectives busy.

Alaska Airlines Flight Diverts as Off-Duty Pilot Attempts to Interfere with Engines
Alaska Airlines Flight Diverts as Off-Duty Pilot Attempts to Interfere with Engines

An Alaska Airlines flight operated by Horizon Air had to divert to Portland International Airport in Oregon after an off-duty Alaska pilot attempted to interfere with the engines.

California Family Pleads Guilty in $600 Million Catalytic Converter Theft Conspiracy
California Family Pleads Guilty in $600 Million Catalytic Converter Theft Conspiracy

Three members of a California family have pleaded guilty to participating in a national network involved in stealing and trafficking catalytic converters worth $600 million.

FBI's Latest Crime Data Reveals An Alarming Trend of Car Thefts
FBI's Latest Crime Data Reveals An Alarming Trend of Car Thefts

In 2022, motor vehicle thefts in the United States surged by over 8%, resulting in the theft of nearly a million vehicles valued at over $20 billion, according to the FBI's latest Crime in the Nation data.

Spate of Looting Sweeps Through Philadelphia, Prompting Arrests and Police Crackdown
Spate of Looting Sweeps Through Philadelphia, Prompting Arrests and Police Crackdown

Multiple retail stores and businesses across different neighborhoods in Philadelphia were targeted by looters, with the incidents leading to several arrests and the recovery of stolen goods.

Cargo Thefts Rise Nearly 60%
Cargo Thefts Rise Nearly 60%

CargoNet has reported a significant increase in cargo thefts in the second quarter of 2023, with 582 recorded incidents in the United States and Canada.

Industry's Vigilance Rises in Response to Heightened Cargo Theft
Industry's Vigilance Rises in Response to Heightened Cargo Theft

Cargo theft has reached a decade-high, with the second quarter of 2023 witnessing a 57% increase compared to the previous year, totaling 582 thefts across the U.S. and Canada.

Potential Brokerage Fraud Exceeds $800 Million
Potential Brokerage Fraud Exceeds $800 Million

Currently, the estimated losses from brokerage fraud are exceeding $800 million, affecting brokers, carriers, shippers, and consumers.

Amazon's Marketplace E-Fraud Battle Costs $1.2 Billion
Amazon's Marketplace E-Fraud Battle Costs $1.2 Billion

It has been revealed that retail giant Amazon has spent over $1 billion to combat fraud and fake products on its website.

The logistics of drug trafficking is a global problem
The logistics of drug trafficking is a global problem

The logistics of drug trafficking involve the movement of illegal drugs, such as cocaine, heroin, and methamphetamine, from production sites to distribution centers and ultimately to the end user.

Abbott Laboratories under DOJ investigation for 2022 baby formula shortage
Abbott Laboratories under DOJ investigation for 2022 baby formula shortage

The Department of Justice has let Abbot Laboratories know that the company is under investigation after a national formula shortage that had parents wringing their hands in concern in 2022.

Jennifer Joslyn
Previous

Chick-fil-A Expands Supply Chain Reach with New North Carolina Distribution Center
Next

$1.4 Billion Committed to Enhance Rail Safety and Bolster Supply Chain