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Cargo Theft * USA - Increased in 2010
Losses rose 5 percent in first six months as thieves seek larger payoffs
Washington,DC,USA -The Journal of Commerce Online, by Joseph Bonney -Jul 22, 2010: -- U.S. cargo theft losses rose 5 percent in the first half of 2010, apparently because of increased activity by criminal gangs, FreightWatch International USA said in its Bi-Annual Cargo Theft Report... That loss resulted from the burglary of pharmaceuticals with an estimated wholesale value of $76 million from an Eli Lilly warehouse in Enfield, Conn., in early March... Overall losses from warehouse burglaries from January through June were $102 million, compared with $38 million in the first half of 2009... Food and beverages were the most commonly stolen cargo, accounting for 93 theft incidents, or 22 percent of the total, with an average loss of $136,000... Meat products, canned beverages (sports drinks, energy drinks and juices), and raw products (such as sugar and coffee) were the most commonly stolen products in the food and beverage commodity category... Electronics was second at 19 percent, 74 incidents with average loss of $406,000... (Photo from fbi.gov)
Labels: cargo theft
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