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Apr 22, 2010

Cargo Theft * USA - Costs $10 Billion per Year

Supply chain control key to prevention, says expert

San Diego,CAL,USA -The Journal of Commerce Online, by Bill Mongelluzzo -Apr 21, 2010: -- Companies that outsource production and turn warehouse and distribution functions over to wholesalers may reduce operating expenses, but they are also making it easier for cargo thieves to invade their supply chains... Cargo theft in the United States is a big business, totaling as much as $10 billion a year. The average net gain for cargo theft is $200,000 per incident, compared to $150,000 for robbing an armored car and less than $10,000 for a bank robbery... Many cargo thieves are non-confrontational because they make off with a tractor-trailer when the driver parks at a truck stop or overnight at a motel. Since no weapon is used in the crime, the liability faced by the thieves is significantly less if they are caught compared to being arrested for an armed robbery... Motor carriers that haul high-value products should always use driver teams, with all drivers undergoing thorough background checks, said Chuck Forsaith, director of corporate security at Purdue Pharma Technologies. Most cargo thefts occur in the first 200 miles of the trip, so no stops should be made during that period... Since most cargo thieves will not attempt to overpower a driver, one driver should always stand by the tractor when the other driver leaves to purchase food or use the restroom. The use of GPS devices for trucks is a good protection measure... Weekends are the favorite time for thieves to attack warehouses. Forsaith cited one major heist where the thieves worked uninterrupted from Friday night to Sunday. They ordered their food out and had enough time to fill four trailers with merchandise... (Photo from securingpharma)

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