Mitigating Threat within the Rising Battle Towards Cargo Theft

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This submit is a part of a sequence sponsored by IAT Insurance coverage Group.

Cargo Theft

Cargo theft stays a outstanding menace to the transportation trade. In a single high-profile case in 2022, three Florida males stole roughly $9 million price of beef and pork from refrigerated vehicles that had left meatpacking vegetation within the Midwest and Nice Plains over the course of a 12 months.

Within the second half of 2022, reviews of cargo theft and fraud rose 27% year-over-year.[1] Parking heaps and truck stops are the most typical location for cargo theft incidents however secured yards aren't immune from cargo theft.¹ Though family items and meals merchandise stay widespread targets, higher-value items, comparable to automobiles, electronics and prescription drugs are also incessantly focused.[2]

The 4 commonest cargo theft situations embody:

Purple zones: Areas with ports and main interstate junctions proceed to be hotspots for criminals, together with California, Texas, Georgia, Florida and Illinois.¹
Hijacking: Criminals are getting bolder, taking alternatives to steal cargo and even hijacking tools at truck stops, relaxation areas and gasoline islands when drivers are refueling, utilizing the services and whereas taking an hours of service (HOS) break.
Inside jobs: An worker with detailed data of the cargo together with the origin and vacation spot factors is aware of when and the place a high-value cargo could also be weak and have tipped off an outsider on these particulars so as to facilitate a theft.
Organized crime: Organized teams of criminals have subtle programs in place to perform cargo heists, as demonstrated within the beef and pork heists talked about above.

7 finest practices to guard your masses

As cargo theft continues to develop and evolve, corporations can implement defensive measures to mitigate losses, together with the next:

Use GPS monitoring for energy models and trailers. Transportable monitoring units may also help find a stolen automobile or lacking trailer. Nonetheless, this isn't an all-encompassing answer, as they are often disabled in varied methods or the sign will be blocked
Implement cargo monitoring. Devoted cargo trackers will be included with load contents, providing an opportunity to trace stolen merchandise wherever they go. Shipments of high-value attire or pharmaceutical gadgets, for instance, could use these, that are extra dependable than their GPS cousins as a result of they use cellphone know-how. They're additionally extra expensive. Prices will be minimized by including trackers to a choose variety of merchandise (not all of them), as criminals sometimes steal in batches. Use sufficient trackers in merchandise that at the very least one tracker will doubtless be taken in a batch of stolen product.
Put skilled drivers in your higher-value masses. Use trusted drivers, those that have hauled a wide range of masses together with excessive worth masses, and people who perceive the procedures taken to maintain their cargo, tools and most significantly, themselves away from hurt. Work as a staff with the motive force previous to loading, reminding them of the additional procedures that must be taken on these kinds of masses.
Plan your routes. Remind drivers to keep away from crimson zones and excessive crime-rate areas, notably when stopping or parking. Drivers ought to have a minimal of 200 miles price of gasoline and sufficient hours of service to journey that distance earlier than choosing up a load. This may also help to cut back stops and thieves could grow to be disenchanted with the cargo because it will get previous their goal zone.
Practice your drivers. Guarantee drivers know that vehicles and trailers must be locked and sealed, and that they need to determine secure, well-lit parking areas earlier than leaving the automobile. Further measures embody positioning the trailer to a construction to stop the doorways from being opened. Look ahead to automobiles following the truck and don't talk about the cargo with others both — on the telephone or over the CB radio.
Make use of good hiring practices and leverage background checks. Good hiring practices ought to lengthen to dispatchers, masses planners, warehouse and dock staff, not simply drivers. Observe that warehouse staff don't have to know the routes drivers take to succeed in their vacation spot, which might additional shield a load from potential theft.
Buy ample cargo protection. Corporations ought to decide if they've the right quantity of cargo insurance coverage, particularly as the price of items rise. Work along with your insurance coverage agent to treatment gaps, and think about using a cargo rider for particular, high-value masses. Modify your protection as enterprise scales up or winds down, or your product combine modifications.

Solely a small proportion of cargo thieves are caught and prosecuted. And solely a small proportion of stolen cargo is ever recovered. Many regulation enforcement groups would not have the manpower to commit to these kinds of instances over higher-profile crimes. Taking steps to make masses much less engaging and harder to steal, may also help to cut back cargo theft.

For extra data on defending in opposition to the specter of cargo theft, contact IAT.