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Jan 20, 2012

CARGO THEFT * USA

* Reaches Record High in 2011

Austin,TX,USA -Today's Trucking -20 Jan 2012: -- Cargo theft rose nearly 9 percent last year compared to 2010, reaching a record high, according to FreightWatch International but the average value per theft has fallen, reported truckinginfo.com today...  The U.S. Cargo Theft Report shows that theft rates totaled 974 in 2011, an 8.8 percent increase from 2010. The average value per theft incident in 2011 was $319,000...  One of the most noticeable trends in 2011 was the continued decline in cargo theft incidents targeting the electronics sector. In 2006, this sector comprised 38 percent of all recorded supply chain theft incidents in the United States. In 2011 it recorded just 17 percent...  The most commonly targeted product types this past year were food and beverage products, electronics and building materials. Specific targeted items include televisions, canned food, cell phones, energy drinks and roofing materials...  The top six states for cargo theft in 2011 were California, Florida, New Jersey, Texas, Georgia and Illinois...

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