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Carriers operating in the U.S. should be prepared as cargo thieves gear up to pull some heists over the July 4 holiday week, ...
Staggering Loss Numbers. The average stolen shipment value in the first quarter of 2024 was $281,757, while the declared total value was $76 million, CargoNet reported.
CargoNet has issued a warning to supply chain professionals and the North American trucking industry saying the threat of cargo theft is “extremely” high heading into Thanksgiving 2023.
CargoNet said it received loss value on 53 percent of reported cargo thefts, and based on that total, estimated the overall value of stolen cargo in 2015 to have been $175,303,399.
There’s been a record surge of cargo theft, jumping 26% in 2024 from the year before, according to Verisk CargoNet. CNBC. Brokers hired by companies to organize shipping matters often use an ...
However, as truckers rush to move the pileup, they provide ample opportunity for thieves, according to Keith Lewis, who oversees CargoNet’s operations. See Also UPS, FedEx, Walmart commit to 24/ ...
According to CargoNet, 61 percent of reported thefts had a loss value recorded, and the average incident was valued at $330,339 – up $63,243 from cargo theft incidents reported in 2015’s ...
Verisk`s CargoNet Business and WAPA Align to Mitigate Cargo Theft in the Tree Nut Industry JERSEY CITY, N.J., June 27, 2016 - Verisk Analytics (Nasdaq:VRSK), a leading data analytics provider ...
Cargo theft recording firm CargoNet is warning trucking companies and drivers that cargo theft has historically been higher during the 10-day holiday period from Dec. 23-Jan. 2. According to ...
Cargo theft tracking and reporting firm CargoNet announced Monday it has upgraded its system to provide a new online tool, dubbed RouteSearch, to detect risk of cargo theft incident by carriers ...
CargoNet tracked what it called 17 "large-scale thefts of medical supplies like personal protective equipment" in the first 10 months of 2020, averaging nearly $315,000 per incident.
CargoNet received reports of more than 1,500 incidents of stolen commercial-vehicle cargo or equipment in the United States and Canada during 2015, the theft prevention and recovery network said.