July 4th holiday increases risk of cargo theft – Equipment
An average of 25 cargo flights were recorded between July 1 and July 7 over the previous five years, CargoNet reported based on a review of the flight data.
The average stolen shipment was worth $ 145,699 per event, according to CargoNet data.
Activity for the July 4 weekend in 2020 was at its highest level since 2016 and increased 123% from the previous year. Forty-two percent of thefts occurred on a Friday or Saturday in this analysis.
In previous years, household items and food and beverages were the most commonly targeted products. This would include items like appliances, toys, alcoholic beverages, and seafood.
“The COVID-19 pandemic has caused shortages and price inflation of specific products and we believe the most affected items – like computer electronics – are the items most at risk on this holiday,” the people said. CargoNet officials in a press release. “Cargo thieves will look to exploit extended business closures over the coming vacation to steal more cargo.”
California, Texas, Florida and Illinois recorded the most thefts during the company’s analysis period.
California Computer Electronics Departure Warehouses
CargoNet tracks an ongoing risk of theft for shipments of electronics from warehouses in California. CargoNet has recorded more than 50 electronics shipment thefts in the state since September 2020, and thefts have increased 89% from the previous year. On average, each full load flight was worth $ 595,928 and each LTL $ 197,157.
Full load cargo theft activity in Ohio, Indiana, Tennessee, North Carolina and Texas
0 CargoNet has noted a recent increase in full truck cargo thefts in Ohio, Indiana, Tennessee, North Carolina and Texas. Preliminary investigations indicate that one or more sophisticated groups of cargo thieves may track down truck stops along major highways and monitor shippers’ warehouses with the intention of tracking and stealing once the shipment is left unattended. .
“Supply chain professionals can enhance security by arranging same-day delivery of short-haul shipments, incorporating secret tracking devices, and using high-security locks to prevent trailer burglaries,” advise CargoNet managers. “Drivers must obey the ‘red zone’ rule and avoid stopping within 250 miles of the pickup. Drivers should also be on the lookout for any vehicles that appear to be following them and avoid leaving trucks and trailers unattended for long periods of time.