Industry News Articles

GPS Device Plays Key Role in Theft Arrests: Gadget Helps FBI Track Stolen Phones

Publish date:
11/02/2008

MARYLANDGPS gadgets can guide you to virtually any place on the globe these days, but one hidden in a truckload of stolen cellphones might have put Walter Lee Green on the road to prison.  (Read more...)

Rethinking Security and Logistics Can Help Reduce Risk of Cargo Theft, Supply & Demand Chain Executive Magazine

Publish date:
10/28/2008

Warren, NJ — Consumer electronics, food and clothing are the three most stolen cargoes, and thefts of these and other items occur most often during the weekend, according to statistics compiled by the Chubb Group of Insurance Companies. (Read more...)

Six Arrested In Cargo Theft Case (Video)

Publish date:
10/08/2008

LOS ANGELESSix people are arrested in an undercover investigation at the Port of Long Beach. (View video...)

U.S. cargo theft costs at least $15 billion a year

Publish date:
10/03/2008

DALLAS — While Wall Street is tanking, another market is booming. Authorities say nationwide losses from cargo thefts, largely truck heists, have reached at least $15 billion annually.  "People don't realize how big it is," said J.J. Coughlin, a former Dallas police officer who chairs the Southwest Transportation Security Council. "It's kind of a silent crime. It's not romantic and exciting.

Dallas-Fort Worth a hot spot for often-profitable cargo thefts, The Dallas Morning News

Publish date:
09/23/2008

DALLASWhile Wall Street is tanking, another market is booming. Authorities say nationwide losses from cargo thefts, largely truck heists, have reached at least $15 billion annually.

Travelers Unveils Sting Trailer to Combat Cargo Theft

Publish date:
09/09/2008

Cargo theft accounts for up to $25 billion in direct merchandise losses each year, according to the National Cargo Security Council. With more than 675,000 registered interstate motor carriers moving 65 percent of the freight in the United States, the opportunity for theft is at an all time high. (Read more...)

To catch a thief, DC Velocity Magazine, August 2008 issue

Publish date:
08/01/2008

The ability to stop a stolen conveyance from a distance could become the latest weapon in the cargo theft wars, which cost American industry an estimated $6 billion to $20 billion annually in the value of goods pilfered while in transit. (Those estimates exclude the value of goods stolen from warehouses and distribution centers.) Firm figures aren't expected to be available until early next decade when the FBI rolls out a long-planned database dedicated to tracking cargo theft.

Cargo theft is big business with drugs a major target

Publish date:
06/23/2008

Cargo theft is a huge enterprise and pharmaceuticals are one of the top targets, an FBI supervisory agent told the annual meeting of the National Association of Boards of Pharmacy.  "There are crews out there that generally target pharmaceutical cargo theft," particularly since shipments are sometimes worth millions of dollars, said Ryan Toole, supervisory special agent in the FBI's Violent Crimes and Major Offenders Section.<

Cargo Theft Bust Expected To Net More Arrests (Video)

Publish date:
05/28/2008

Three men were arrested and stolen goods found in a warehouse seized in Hialeah, but police believe they have busted a major cargo theft operation in the process, and it's only a matter of time before more arrests are made. (View video...)

Cargo theft task force sweeps rigs for contraband

Publish date:
04/07/2008

OCALA — While conducting a sweep on Saturday night at a rest stop on Interstate 75 some four miles south of Ocala, sheriff's deputies noticed a tag was missing from a trailer that was in the parking lot. (Read more...)