Freight Theft Trends and Safety Tips for Memorial Day Weekend
CargoNet expects a significant threat to freight transportation this coming Memorial Day weekend. In order to alert supply chain professionals to the threat, CargoNet reviewed flight data from 2016 to 2020 from the Thursday before Memorial Day to the following Wednesday. There were 143 events reported with an average of 29 events per year. Activity for the last weekend of Memorial Day 2020 increased by 35% compared to the holiday period of the previous year. The cargo stolen in each event was worth an average of $ 308,308, in part due to five thefts that exceeded $ 1 million in stolen goods.
Twenty percent of the thefts recorded took place on Friday and a significant number of thefts also took place on Sunday (16%) and Monday (15%). Food and beverages were the most frequently stolen, and merchandise thieves targeted a wide range of products in this category. The most common were alcoholic beverages, seafood and meat products. Electronics wasn’t a big target in previous years, but CargoNet analysts are pretty sure these products will be targeted this next holiday.
Extreme risk of theft
CargoNet has noted extreme risk when transporting shipments of computer electronics products through California. The theft of these shipments increased by 443% between September 2020 and May 2021 compared to the same period a year ago. On average, each shipment of computer electronics was worth $ 856,993 per full load theft and $ 246,566 per partial truck load theft.
Supply chain professionals can mitigate the theft of these shipments by arranging for same-day delivery of shipments over short distances, incorporating hidden tracking devices into the shipment, and using high-security locks to prevent trailer burglaries. Drivers should obey the “red zone” rule and avoid stopping within 250 miles of pickup. Drivers should also be on the lookout for vehicles that appear to be following them. Immediately report any suspicious activity to law enforcement and contact CargoNet at 888-595-2638 only after law enforcement has been notified and there are no immediate threats to life or property .
Notable flights on previous Memorial Day weekends
- $ 5,700,000 in jewelry from a warehouse in Walton, Kentucky
- $ 3,974,370 in pharmaceuticals in Clermont, Florida
- $ 2,920,000 in cell phone accessories in Memphis, Tennessee (salvaged)
- $ 1,500,000 in tablets from a warehouse in Wilmington, Delaware
- $ 1,200,000 in seafood from the Port of Elizabeth, New Jersey (recovered)