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DwellingTruckingTrucking Trade Cargo Thefts Attain Report Excessive in 2024

January 30, 2025 1:25 PM, EST

Verisk CargoNet Studies Incidents Up 27% Yr Over Yr

CargoNet discovered an more and more refined risk panorama with criminals demonstrating tactical adaptability. (CHUYN/Getty Photographs)

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The trucking business confronted an unprecedented variety of cargo thefts all through 2024, in accordance with specialists.

Verisk CargoNet reported that cargo theft incidents jumped 27% 12 months over 12 months to a document 3,625 throughout North America. The estimated common worth per theft elevated 7.7% to $202,364. The highest targets have been copper merchandise, shopper electronics, cryptocurrency mining {hardware} and consumable items.

“Whenever you automate a foul course of, you do it dangerous sooner,” mentioned Keith Lewis, vice chairman of operations at CargoNet. “The back-office software program that corporations are utilizing are doing every kind of character recognition, they’re studying the paperwork, the PDFs, and so they’re transferring them via their system, not realizing that a whole lot of these paperwork have totally different fonts and so they’re solid.”

CargoNet discovered an more and more refined risk panorama with criminals demonstrating tactical adaptability. Conventional straight t…

CONTINUE READING THE ARTICLE FROM Transport Matters HERE

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