$200K cargo theft exposes growing fraud schemes in trucking industry
A family-owned San Francisco tile business was defrauded of nearly $200,000 in merchandise when criminals used fake credentials to orchestrate a strategic cargo theft.
A family-owned San Francisco tile business was defrauded of nearly $200,000 in merchandise when criminals used fake credentials to orchestrate a strategic cargo theft.
Supply chain executives urged Congress to mandate a federal response against the multi-billion dollar surge in high-tech cargo theft.
Verisk CargoNet is alerting the trucking industry to increase security protocols against organized crime as trends show cargo theft incidents surge during Thanksgiving.
California and Texas were the nation’s top hotspots for cargo theft in the third quarter, fueled by high volumes of goods moving through major freight corridors.
Most of the companies in our industry are being robbed by people using the equivalent of a ladder and basic tools.
California just wrapped up a record 1.5 billion pound pistachio harvest, but cargo theft hit record highs in 2024 and nuts remain prime targets. We’ve documented sophisticated nut theft since 2006, $10 million stolen between 2013 and 2017 alone. Will it continue in 2025?
NBA legend Shaquille O’Neal’s customized $180,000 Range Rover was stolen while enroute to Louisiana.
Experts say AI and social-media markets are transforming how thieves target freight.
The owner of a popular online sneaker resale business was arrested for allegedly buying $500,000 worth of merchandise stolen from a cargo train.
This week in Borderlands: Cargo theft surges in Q3 as criminals adopt new tactics; LG Innotek to invest $189M in new Querétaro plant; and Watco Logistics acquires Texas-based Colossal Transport.
DOT has issued an information request to gather data on challenges and potential solutions related to freight-market theft.
California authorities recovered $1.4 million in stolen consumer electronics with help from cargo security and risk management platform Overhaul.
Criminals are using technology to bolster freight fraud and deception, but carriers and drivers need to remain vigilant when it comes to more traditional theft as well, says Scott Cornell of Travelers Insurance.
Thieves have stolen eight trucks of cargo from Ceva Logistics in the past year.
Cargo thefts increase in the U.S. and Mexico during Q2, with electronics and food as top targets.
A Ceva Logistics truckload with millions of dollars worth of electronics from Apple and other manufacturers was stolen in Reno, Nevada.
Allianz Commercial’s annual Safety and Shipping Review has found that cargo theft is increasing in frequency, scope, and sophistication.
The frequency of incidents involving cargo thieves acting upon inside information rose during the second quarter.
Heists at freight terminals are getting more brazen as Senate Democrats question Trump administration priorities.
Highway has changed the game of carrier identity.