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Date Posted: 9:41:36 3/27/23 Mon
Author: Jasper
Subject: Come to Michigan, our governor will set you free.

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According to CargoNet’s latest theft report through February, there was an almost 50% increase year over year in beverage and food cargo theft. January had also posted a 50% increase in this theft category. The average value of the theft is $214,0000 per load.

According to the FBI, cargo theft is estimated to cost trucking companies and retailers at least $15 billion to $30 billion a year. It is adding to the supply chain disruptions that have fueled inflation.

Since 2011, Travelers’ special investigations group — which has a high-tech sting trailer that is equipped with hidden cameras and GPS tracking devices to capture thieves — has worked with law enforcement agencies to recover more than $85 million in stolen goods.

https://www.cnbc.com/2023/03/25/cargo-theft-led-by-food-and-beverage-is-surging-across-the-us.html

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