According to the 2010 United States Cargo Theft Report issued by CargoNet, reported incidences of cargo theft increased 50 percent compared to 2009. The FBI has noted that cargo theft is a multibillion-dollar industry in the United States.
'Cargo theft has become a significant pain point for retailers,' said Lisa LaBruno, RILA's vice president of loss prevention and legal affairs, in a statement. 'Through this joint endeavor and use of the information-sharing network that has established CargoNet as an industry leader, we hope to stem the tide of cargo theft and maximize recoveries for retailers.'
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'Our strategic alliance with RILA, as one of the most powerful voices of the retail community, is key to ensuring we continue to focus on the needs of our supply-chain constituents within the shipper community,' said Maurizio Scrofani, president of CargoNet.
