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Jun 14, 2010

Cargo Theft * USA - Unfortunately, It's A Growth Industry

Road theft still is a regular peril of cargo hauling

Coppell, TX,USA -Blog 4 Truckers, by Advance Business Capital -10 June 2010: ... The main change is that modern crooks typically hijack the entire stagecoach... According to Austin-based Freighwatch International, a supply-chain security firm, thieves stole 860 truckloads of goods in 2009, up from 765 in 2008 and 670 in 2007, an increase of nearly 100 and 200 loads respectively. That’s a hefty hike but it’s nothing compared to the jump in dollar value, up to $487 million from $290 million, a 67% increase!... For 2010, the trend in road theft is, if anything, escalating. For instance, during just a five-day period this February, an 18-wheeler carrying 710 cartons of consumer electronics was stolen from a Pennsylvania rest stop, a 53-foot-long rig packed with 43,000 pounds of paper was ripped off in Ottawa, Ill., and a 40-foot-long truck filled with reclining armchairs went missing in Atlanta... The problem is real and growing. It troubles the trucking industry, which worries about its drivers. It troubles shippers, who foresee a rise in their cargo insurance. It troubles law enforcement, which sees an upward trend in interstate crime...

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