The end of 2023 saw a surge in cargo thefts with thieves targeting food and beverage freight, along with electronics and household goods.
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This week in Borderlands: Mexico’s truckers plan nationwide strike against cargo theft; EV maker Lucid expands its U.S. manufacturing facility; Grainger announces new distribution center near Houston; and supply chain services provider Kinaxis opens Dallas office.
Strategic theft is particularly insidious because it often involves fraudsters manipulating the very tools that companies implemented in order to make their supply chains more efficient.
Despite often being more dangerous in nature, cargo-related crimes in Mexico receive a fraction of the attention that is afforded to similar issues happening in the U.S. and Canada.
This week in Borderlands: Cargo insurance can boost cross-border operators’ business; Ryder System leases logistics center near Dallas–Fort Worth; Paccar Inc. announces $50M investment in Mexico truck factory; and thefts from cargo trains in Mexico rose in September.
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Cargo thieves hijacked a $380,000 tequila shipment from Mexico that was headed to a North Carolina distributor.
Joining a network of industry professionals provides a tangible sense of security in today’s market. This is especially true in the billing and payment space.
This week in Borderlands: Mexico averaged 57 thefts a day from cargo trucks in the third quarter; second rail bridge proposed for Texas port of entry; Arizona plans to expand truck parking along highways; and Holt Truck Centers opens facility in North Texas.
The widespread adoption of digital solutions has created opportunities for scammers across the supply chain.
The year’s five biggest U.S.-Mexico cross-border business stories are highlighted.
All types of cargo fraud are on the rise. Brokers, specifically, should be especially aware of two growing types of fraud: double brokering and cyberattacks.
The ongoing recession has left both companies and individuals in financial turmoil, pushing existing bad actors to increase their fraudulent activities and prompting new fraudsters to enter the arena.
FreightWaves’ Rachel Premack wrote an article on Wednesday outlining her experience attending a truck driver training conference in Corpus Christi, Texas, by the National Association of Publicly-Funded Truck Driving Schools (NAPFTDS). Premack sought to get more information on a fundamental disagreement in trucking that involves driver turnover and whether there is an ongoing driver shortage.
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In this edition: Cargo theft is on the rise; the Panama Canal is out, Suez is in; and Congress is a fan of the truck driver.
This week in Borderlands: Cargo theft trends are changing as supply chains shift to border regions; a $65 million cold storage facility could be headed to Central Texas; Gebrüder Weiss opens a logistics operation in Laredo; and a truck driver is stopped at the border with $12 million in cocaine.
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California, Georgia, Texas and Florida were the most targeted states for cargo theft during the second quarter of 2023.
