Officers searched six addresses while investigating stock taken from a heavy goods vehicle. Police expect more operations targeting organized cargo theft.
Armenian and U.S. authorities are searching for victims and similar operations following the July 23 cybercrime raid.
The freight industry stands at a crossroads that looks remarkably familiar to anyone who remembers the early days of fintech. Before Plaid became the connective tissue linking bank accounts to lending decisions, borrowers shuffled paperwork and lenders operated on good faith. Now that same transformation is coming for trucking, and Highway’s Chief Commercial Officer Michael […]
FreightWaves Today discussed a new SCOTUS ruling on safety preemption, cyber cartel threats and fuel economics during Monday’s live show.
The cargo was unusual. The alleged theft method was not. According to public reporting, criminals compromised a legitimate carrier’s identity and used it to divert a Walmart-bound shipment worth $1.7 million, a tactic the FBI says is becoming increasingly common.
FreightWaves Today discussed Delfin Midstream new $5 billion offshore liquefied natural gas export platform, Amazon’s LTL realities, and surging cargo fraud during Thursday’s live show.
Cargo theft has advanced from smash-and-grab crimes into sophisticated identity-based fraud schemes, experts say
From cartel-linked theft investigations to testimony before Congress, Lemm’s message was clear: cargo theft is no longer just a transportation problem.
Freight fraud incidents are climbing by double digits year over year, and Reliance Partners breaks down how fraud has evolved and what to do about it.
Cargo thieves are relying less on physical break-ins and more on fraud-based tactics, with deceptive pickup scams climbing sharply in the first quarter, Overhaul says.
Authorities in Florida arrested 14 suspects tied to what investigators describe as a highly organized theft network responsible for millions in stolen merchandise. Detectives say the group operated across multiple states while using logistics, resale operations, and coordinated theft methods that resembled a structured criminal enterprise more than isolated retail theft.
Cargo theft is not slowing down. It is adapting. What used to happen outside the operation is now happening inside it.
DOJ targets organized cargo theft and freight fraud, elevating federal focus within the logistics industry.
Freight fraud exposed: $10M scam highlights logistics vulnerabilities and cargo theft risks.
Nearly $4 million in stolen cargo was recovered in a Los Angeles County case tied to multiple companies, with one arrest made following a search warrant in Vernon.
Cargo theft incidents are being linked to motor carrier authorities that appear legitimate but may be controlled by unknown operators.
FBI warns of rising cyber cargo theft, as cybercriminals increasingly target freight industry operations
The industry points to billions in losses, but that number only captures what can be seen. When you factor in hidden activity and indirect costs, cargo theft becomes a much larger and more persistent risk.
This was not stopped by a process. It was caught by chance.
One gap was all it took. By the time it was noticed, the load was already too far gone to recover.
