The cargo theft risk presented by July 4th.
June 26, 2015
While many companies take time off around the Fourth of July, cargo thieves tend to do the exact opposite – turning the holiday into one of the highest cargo theft periods of the year.
In 2015, the average loss value on July 4th weekend neared $1.1M, which doesn’t include a $3,5 million, 4th of July theft of electronics in Los Angeles, CA as well as another $495,000 theft of electronics from a warehouse/dc in Medley, FL that occurred in years past.
With many drivers, operators and other employees on break, it opens up prime opportunities for criminals to get away with dishonest acts, of which they would not typically be able.
The freight industry is at a higher risk around these times because cargo is often stored in yards or warehouses and left unmonitored. Additionally, with decreased shipment tracking and delivery confirmations, it provides opportunity for criminals to steal products and disappear without much visibility.
With this in mind, it’s important to tighten procedures, closely track your shipments and heighten security measures for processing.
Shippers in or to the following states should pay especially close attention, as they are typically the most commonly impacted by cargo theft:
- New Jersey
Thieves commonly target certain types of cargo as well. Take extra precaution if you’re moving the follow types of items:
- Foodstuff and beverages
- Apparel and accessories
- Metals and machinery
With a little preparation and caution, you can make sure your freight is secure over the 4th of July holiday. Your Freightquote expert can help you manage everything for the holiday weekend from limited transit days to tracking your freight.
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Image Credit: http://www.istockphoto.com/portfolio/LIVINUS