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Be watchful to prevent cargo theft over Fourth of July weekend

Thefts occurring over Independence Day weekends between 2010 and 2013 had an average value of $257,016.

The Trucker News Services

6/30/2014

According to FreightWatch International, which handles logistics security services, holiday weekends are notorious for showing increased cargo theft risks for transportation companies, shippers and manufacturers.

Organized theft rings are active and holiday weekends cause shipments to be unattended for extended periods of time, the organization said. Thefts occurring over Independence Day weekends between 2010 and 2013 had an average value of $257,016.  Nine separate incidents involving cargo valued at more than $250,000 were recorded during this period.

FreightWatch officials said 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 over the weekend, officials said.

Notable thefts from previous Fourth of July weekends include:

           $2.5 million Full Truckload (FTL) theft of cell phones in Miami, Florida

           $406K FTL theft of medical equipment in Duval, Florida

           FTL theft of Rx/Scheduled medication in Troy, Illinois

           $80K theft from trailer of OTC medication in Cedar Rapids, Iowa

           $500K facility burglary of televisions in Medley, Florida

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