Cargo theft dips in Q1, but fraud schemes surge, report says
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.
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.
Despite temporary inland bottlenecks and manufacturing pauses, brokers and parcel operators say cross-border commerce remained largely intact during Mexico’s recent security turmoil.
This week in Borderlands Mexico: Violent cargo theft grips Mexican truckers; Filter King opens Dallas manufacturing and distribution facility; and HENN Americas opens $4M automotive components plant in Silao, Mexico.
California and Texas dominated U.S. cargo crime in 2025, representing more than half of the nation’s 2,576 reported freight thefts.
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.
This week in Borderlands Mexico: Cross-border boom collides with rising security risks; Mexico sets new quarterly FDI record with nearly $41B in Q4; and La Bonanza Avocados breaks ground on logistics hub in Pharr.
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.
Experts say AI and social-media markets are transforming how thieves target freight.
California authorities recovered $1.4 million in stolen consumer electronics with help from cargo security and risk management platform Overhaul.
Funding heavy on AI applications and innovation for enterprise-level solutions.
This acquisition promises to bridge the gap between merely tracking shipments and understanding the broader impacts of those shipments on inventory and customer experiences.
Cargo thefts increase in the U.S. and Mexico during Q2, with electronics and food as top targets.
Freight fraud has emerged as one of the most rapidly growing and financially devastating risks in today’s global supply chain landscape. With global cargo theft losses exceeding $80 billion in 2023 and the average cost of a successful fictitious pickup surging to $365,000 per incident in Q1 2024, the industry has been desperately seeking more […]
Investigators in Canada recently arrested nine men for using trucks to smuggle cocaine, while police in Arizona recovered a truckload of stolen electronics.
Overhaul’s CEO breaks down why today’s cargo theft crisis is less about missing locks and more about missing identities – and what the supply chain must do to fight back.
This week in Borderlands: Cargo crime continues to disrupt Mexican transport sector; Bulkmatic plans $250M intermodal terminal near Monterrey, Mexico; Automotive supplier announces $84M expansion in Mexico; and Amazon plans new delivery station in South Texas.
Transportation providers and tech startups are among the winners of the 2025 FreightWaves Fraud Fighters Awards.
This week in Borderlands: Organized crime groups fuel rise of US cargo thefts; Imperial Auto opens $21M factory in Mexico; EGO Group launches electronic components plant in central Mexico; and Billor opens logistics hub in Houston.
This week we explore how retailers are balancing security measures with customer experience.
Supply chain visibility firm Overhaul raised $55 million in funding to finance technology growth and acquisitions.
This week in Borderlands: Violence against truckers surging in cargo thefts; Port of Brownsville kicks off $600M ship channel project; auto parts maker Daimay invests $51M in Mexican factory; and Korean company opens its first plant in Mexico.
Glen Stewart, director of strategic programs at Wabash, discusses the company’s Trailers-as-a-service (TaaS) offering, which is designed to help increase asset uptime.
Here is the weekly rundown of FreightTech news you may have missed
The end of 2023 saw a surge in cargo thefts with thieves targeting food and beverage freight, along with electronics and household goods.
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.
California, Georgia, Texas and Florida were the most targeted states for cargo theft during the second quarter of 2023.
ChatGPT and other advanced AI tools are looking to find homes in supply chain software and in some cases already have.
“Real-time visibility and responsive risk management gives Overhaul a distinct advantage among supply chain SaaS providers,” said Ryan Ziegler, general partner at lead investor Edison Partners.
Inside this edition: Showdown between freight forwarders and customs brokers; FMCSA’s new regulations; and shiny new purchases for Overhaul and DHL.
Austin, Texas-based Overhaul has acquired SensiGuard in a deal aimed at increasing the supply chain security firm’s global footprint.
California, Texas y Florida lideran los robos en la cadena de suministro.
Cargo thieves stole more than $223 million worth of merchandise in 2022, led by household items, electronics and food and beverage goods.
Supply chain visibility leaders provide insight on their decisions in 2022 and what’s in store for the FreightTech segment in 2023.
The easiest way to stop cargo theft is before it happens, and that is what Overhaul is trying to do with its risk management products.
Near-term deployment of long-term technologies such as automation isn’t as far away as one might think.
California, Texas and Florida were the most targeted states for cargo theft, with electronics and home appliances the main focus of thieves.
CalAmp’s new temperature sensor operates under extreme conditions for enhanced cold chain visibility.
“These partnerships can’t be just regurgitation of consolidated data; there has to be a business case that you build around it. That is what we are trying to do here.”
Supply chain security is an ongoing and ever-evolving process, requiring active risk mitigation and management. This white paper, brought to you by Overhaul, offers solutions for mitigating risk and maintaining security.
FreightWaves has partnered with Overhaul, a SaaS platform for real-time supply chain visibility and risk management, to produce a white paper that provides pharmaceutical shippers with information on the threats to look out for and steps to mitigate risk.
Schneider Logistics is seeking to smooth and expedite the process for paying carrier partners by pairing TriumphPay’s payment solutions with Transflo’s document management tools.
Visibility startup ensures compliance by taking corrective action in real time.