cargo theft

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This week in Borderlands: Mexico averaged 58 cargo thefts a day in the second quarter; APM Terminals invests $140 million to expand a facility at a Mexico seaport; XPO adds capacity at a Texas facility; and Jaguar Transport Holdings will operate a Dallas transload facility.

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In this edition: Cargo theft was on the rise over the holiday weekend; the Panama Canal wins a spot on bingo cards; and Coyote parts ways.

This week in Borderlands: Port Laredo remains the nation’s No. 1 gateway for international trade; rail cargo thefts were up 29% during Q1 in Mexico; a Taiwan automotive supplier is investing $1 billion for Mexico expansion; and Forza Steel is building a plant at the Port of Brownsville.

This week in Borderlands: AI’s rising impact on cross-border trade focus of new report; Mexican authorities recorded 142 tractor-trailer thefts in April; Texas logistics firm opens Phoenix location; and South Texas college launching CDL program.

To view more FreightWaves infographics, click here

A shipment of gold and other values was pilfered at the Toronto airport in Canada this week and police have few leads so far.

When John heard his trailer was missing, he was able to track the stolen property using his LandAirSea GPS and lead authorities to the thief. He saved the trailer, $300,000 worth of material and likely his reputation with his customer.

This week in Borderlands: Mexico recorded 237 cargo thefts the first two months of 2023; Port of Lazaro Cardenas will receive a $322 million investment; Penske Logistics is laying off 152 workers in Fort Worth; and a Texas contract manufacturer expands its logistics facility and trucking fleet.

This week in Borderlands: Exports of Mexican-built Class 8 trucks hit 15,221 in January; railroad cargo thefts drop 21% year over year across Mexico; fuel and lubricants distributor expands into South Texas; and rare insect intercepted in shipment at Otay Mesa port of entry.

Austin, Texas-based Overhaul has acquired SensiGuard in a deal aimed at increasing the supply chain security firm’s global footprint.

The end of 2022 saw a surge in cargo thefts that pushed the yearly total to above an estimated $223 million worth of goods stolen across Canada and the U.S., according to recent data from CargoNet.

FreightWaves’ Noi Mahoney reports that, according to CargoNet data, a surge in cargo thefts near the end of 2022 led to an estimated $223 million in goods being stolen across Canada and the U.S. 

Cargo thieves stole more than $223 million worth of merchandise in 2022, led by household items, electronics and food and beverage goods.

Authorities in Mexico reported more than 8,000 incidents of stolen cargo trucks and trailers in 2022.

Mexico averaged 39 cargo thefts a day in November

Mexican authorities reported a total of 1,181 cargo theft incidents across the country in November.

Trade between the U.S. and Mexico will continue to expand in 2023 as more factories and logistics operations move south of the border.