Cargo theft continues to plague the trucking industry, and is expected to continue to do so for the remainder of the year.
That's the overview of the latest monthly carfgo theft report from Overhaul, a provider of cargo protection and tracking services based in Austin, Texas.
Overhaul's topline assessment of cargo theft in September:
Comparisons with July and August reveal that September experienced higher theft levels, underscoring persistent vulnerabilities within the supply chain.
As we enter the final quarter of the year, current trends indicate that this pattern may persist, potentially leading to increases in certain methods of operation as well.
In September, Overhaul said it also recorded a significant number of theft events involving armed criminals and violence against truck drivers specifically in North Carolina and Maryland.
Here are the other takeaways from Overhaul's report:
- Cargo crimes experienced peaks at the beginning of the month and showed a decrease in the last three days
- Southern California, Chicago, Philadelphia, and Kansas City were identified as the primary hotspots for cargo theft in September
- 63% of the incidence of cargo theft occurred from Tuesday to Thursday
- Electronics were the most targeted product type this month, with California being the primary hotspot, accounting for 53% of these incidents.
- Theft of full truckload (30%) was the most common type of event, followed by last-mile courier events (28%)
- The most frequent modus operandi was stealing cargo/shipments left unattended, while parked at warehouses, distribution centers or at the delivery destination (parcel services)
