THE cargo theft prevention and recovery network in the US, CargoNet, has recorded 140 cargo thefts across the country and Canada in first-quarter 2019, a 22 per cent decrease from the same quarter last year.
The average cargo value per theft event was US$145,772, for a total estimated loss of $12.8 million across the US and Canada during the first three months of the year.
CargoNet's analysts noted that loaded trailer burglaries (or pilferages) should be viewed as a growing threat and, in some parts of the country, the preferred method of stealing cargo over full-truckload theft.
The analysts also noted a resurgence in fictitious pickup activity after two years of dormancy. 'We believe these two trends will continue through the rest of the year,' they said.
Food and beverage remained the most stolen commodity category but continued to decrease year over year, dropping more than 22 per cent from first-quarter 2018. Non-alcoholic beverages were the most stolen kind of food and beverage freight.
Household cargo and electronics cargo were the second and third most stolen commodities, respectively. Tools, lawn care products, and major appliances were the most stolen household items, while televisions and computers were the most stolen electronics items.
California remained the top targeted state, at 32 reported cargo thefts in first-quarter 2019, followed by Florida (17) and Texas (16), reports AJOT.
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The average cargo value per theft event was US$145,772, for a total estimated loss of $12.8 million across the US and Canada during the first three months of the year.
CargoNet's analysts noted that loaded trailer burglaries (or pilferages) should be viewed as a growing threat and, in some parts of the country, the preferred method of stealing cargo over full-truckload theft.
The analysts also noted a resurgence in fictitious pickup activity after two years of dormancy. 'We believe these two trends will continue through the rest of the year,' they said.
Food and beverage remained the most stolen commodity category but continued to decrease year over year, dropping more than 22 per cent from first-quarter 2018. Non-alcoholic beverages were the most stolen kind of food and beverage freight.
Household cargo and electronics cargo were the second and third most stolen commodities, respectively. Tools, lawn care products, and major appliances were the most stolen household items, while televisions and computers were the most stolen electronics items.
California remained the top targeted state, at 32 reported cargo thefts in first-quarter 2019, followed by Florida (17) and Texas (16), reports AJOT.
WORLD SHIPPING