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Trade News

November 15, 2017

Cargo crime tends to increase during U.S. Thanksgiving weekend

SensiGuard issued a notice to remind stakeholders that holiday weekends are notorious for presenting increased cargo theft risks for transportation companies, shippers, and manufacturers.

According to SensiGuard, since 2012, the transportation industry has experienced several thefts per day during the Thanksgiving holiday weekend. During this elevated threat period, Home & Garden, Electronics, and Clothing & Shoes shipments increase as targets for cargo thieves.

Organized theft rings are always active and recognize holiday weekends can cause shipments to be unattended for prolonged periods of time. During the 2015 and 2016 Thanksgiving weekends there were 26 reported cargo theft incidents totaling over $2.35M in reported losses, including one Fictitious Pickup in Michigan and several large scale pilferages across Tennessee and Florida.

SensiGuard recommends that logistics and security professionals ensure security protocols are up-to-date and in line with industry best practices for both in-transit and warehouse operations. Both will be heavily targeted by cargo thieves over the weekend, using traditional and non-traditional theft methods.

Source: SensiGuard Supply Chain Intelligence Center