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Home » Cargo Thieves Stealing Less Overall - and Taking Less Valuable Stuff When They Do Steal

Cargo Thieves Stealing Less Overall - and Taking Less Valuable Stuff When They Do Steal

August 13, 2015
The Wall Street Journal

In the second quarter of 2015 FreightWatch recorded 178 cargo thefts in the U.S., with an average loss value of $189,307. Volume of thefts was down 11 percent from the previous quarter and 7 percent from the previous year, while the average value of a stolen shipment was down 27 percent from the first quarter and flat compared with a year earlier.

Overall, food and drink shipments were the most likely to be stolen, comprising 16 percent of all cargo thefts in the quarter, followed closely by home and garden products, electronics and building and industrial supplies.

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KEYWORDS Business Strategy Alignment Cargo Security Food and Beverage Global Supply Chain Management product shrinkage Regulation & Compliance SC Security & Risk Mgmt stolen shipments Supply Chain Analysis & Consulting Supply Chain Management Supply Chain Management: Supply Chain security and Risk Management Supply Chain Risk Management The Wall Street Journal
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