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CargoNet examined trends from the Thursday before Labor Day to the Wednesday after Labor Day from 2017 to 2021 to help the industry mitigate theft this upcoming holiday.
CargoNet reports recording 1,285 supply chain risk events across the US and Canada, a 15 percent decrease in activity year-over-year.
CargoNet expects significant threat to freight transportation this upcoming Memorial Day weekend especially with electronics shipments in California.
Cargo is still at greater risk of theft when it’s on the move than at a shipping facility, but 2020 saw a distinct shift in the risk picture.
CargoNet reviewed trucking theft data from the Tuesday prior to Thanksgiving to the Monday following Thanksgiving for 2015 to 2019.
During this global health crisis, cargo theft criminals see this as an opportunity to take advantage of the fact that securing cargo may not be a priority.
As most Americans enjoy grilling with family and an extra day off this July 4th holiday, cargo thieves will be seeking to get rich...