AAA Freight, Inc.’s Post

Every year after Memorial Day weekend, we hear reports of cargo theft spiking over the holidays 📈 It’s well known that bad actors make the most of increased demand and fewer people working, so why are so many loads in transit still under or completely uninsured? CargoNet just released their results from Q1 2024, and in the US, reported theft was up a massive 43% from the same quarter last year. It’s clearly never been more vital to secure the right #cargoinsurance for your freight, on a public holiday, or any other day of the year. Find out how we can help ⬇ https://lnkd.in/e2Dyctdr  #holisticfreightprotection #memorialday

Attention Truckers: Protect Your Cargo!  Cargo theft incidents skyrocketed by over 57% in 2023 compared to the previous year, according to new data from CargoNet. With nearly $130 million worth of goods stolen, the threat is real and growing. To read more about the alarming rise in cargo theft and discover proactive strategies to protect yourself and your cargo, visit our blog at https://lnkd.in/gz3jnXkX. Don't wait until it's too late—take action now to safeguard your shipments and ensure a secure journey on the road.  #BrentHigginsTrucking #TruckerSafety #Trucking #TruckerLifestyle

Great tips on controls that can be implemented to mitigate the risk of theft for cargo risks. The threat isn’t going away, so equipping oneself with resources and knowledge of trends are the best ways to be prepared. #trvemployee #inlandmarine

If your company deals with any cargo, this article shared by our carrier partner Travelers via FleetOwner is something that I recommended you read. Contact me if you're interested in us reviewing the language, endorsements and exclusions within your policies so that we are able to identify what is not serving your organizations best interest. After our review we will also provide solutions through offering recommendations and advising you on what can be done today to protect your organizations assets and legacy. Theft poses a significant risk, making it crucial to have adequate coverage to safeguard your business. I'm here to assist. #cargoinsurance #commercialinsurance #constructioninsurance #manufacturingindustry #fleetinsurance

Cargo theft continues to plague freight haulers across the U.S. With more spikes around the holiday season, according to the most recent Cargonet Ltd report, thieves have increasingly preyed on the trucking industry over the past five years.  Cargo theft prevention tips for 2024 There are many things fleets and truck drivers can do to protect themselves from cargo theft, according to Scott Cornell of Travelers Inland Marine. Here are some theft prevention tips for fleets to consider in 2024: Make sure drivers are aware of perils To prevent cargo theft, there needs to be awareness of cargo theft on all levels, from fleet executives to risk managers to, most importantly, truck drivers. “If you make the drivers aware… I think you'll find that your best frontline prevention method is the driver themselves,” Cornell told FleetOwner. Processes and procedures go a long way

The relationship between #CargoTheft and #Technology is complex. The same technology that provides vital theft prevention is also being used by cargo thieves. Scott Cornell, Transportation Lead and Crime & Theft Specialist at Travelers, underscored the dual role of technology and the industry’s ongoing efforts to leverage technology effectively in Transport Topics: https://travl.rs/433KQyK #TruckingIndustry

Freight crime is an ever-present threat to the UK supply chain! Products are at highest risk when entering the road transport network. The annual Cargo Theft Report from BSI and TT Club highlights that 71% of all cargo theft in 2023 involved trucks! https://lnkd.in/ex_Kyabz A recent trend in the UK has seen a rise in trailer hook-up thefts, involving the theft of preloaded trailers, simply by being “hooked-up” to a stolen or cloned tractor unit, often from secure parking areas and distribution centres. Entry may be gained by force, breaking open gates or barriers, or by deception, with criminals often using bogus ID and reasons for attending. Insider information may also be used by Organised Criminal Gangs (OCGs), prepared to travel hundreds of miles to commit such offences, helping them detail vehicle movements and which goods are at the premises. Such hook-up theft incidents are becoming more frequent and often involve high loss values. A recent report details that on 17th March, thieves hooked up a trailer in West Lancashire, making off with a load of chocolate, valued at £134,000! https://lnkd.in/eR7b79-5 Are your trailers secure? Contact Maple to find out more about the ultimate in trailer safety and security solutions. https://lnkd.in/eaeYCUPx #cargotheft #trailers #vehiclesecurity #trailerimmobilisation #supplychainsecurity #logisticsmanagement #lossprevention #riskmanagement #cargointegrity

Want to hear about how these bad actors are getting their stolen cargo? Read this… It is a good overall description of the strategic theft that has been on a consistent rise the last couple of years. According to CargoNet resources, over 1,400% increase since 2022. Thanks you for getting this invaluable information out there, Scott!

With cargo theft on the rise, fleets need to be aware of cargo theft trends to watch in 2024 and how to protect themselves from crafty thieves.

In the face of record-high #CargoTheft 📈, Scott Cornell, Transportation Lead and Crime & Theft Specialist at Travelers, broke down the current state of cargo theft within the #trucking and #transportation industry and shared theft prevention tips for #fleets to consider in 2024. 📰 Read more in FleetOwner.