On August 8th, Overhaul executed a recovery of two full truckloads of high-value consumer electronics which were both picked up by the same carrier. The drivers had switched the tractor on the trailers hoping to thwart recovery efforts, and packages had been opened.
The logistics industry is facing an alarming increase in fraudulent activity in the Midwest, specifically in the theft of high-value cargo. Overhaul has recently learned that multiple crews and organizations are employing a variety of different tactics to steal freight, ranging from simple theft to more complex schemes involving false documentation and identity theft. Cost-dense products such as food, liquor, and consumer electronics are at the highest risk.
The Mexico Annual Cargo Theft Report 2023 examines the evolution of crime in Mexico in comparison to the previous year. It is meant to help decision makers reduce risk in their operations.
During the month of July 2024, cargo theft in Mexico decreased 4.6% compared to the previous month (June 2024) and remained at the same number of thefts as July 2023.
In this climate, we cannot overstate the importance of having the highest levels of security at rail yards and ports. If negligence or inadequate safety and security measures are involved, this can
result in legal action and insurance cancellations
We’re seeing the actors who perform these thefts become more organized and sophisticated, even around these low-tech thefts.
Yesterday, Overhaul enabled the arrest of four suspects and the recovery of cargo from an OTR pilferage performed in Arizona. On the morning of Tuesday, July 16, the Overhaul LE Connect team initiated a response on a shipment of next generation consumer electronics that was pilfered from a truck stop in Winslow, AZ after departing from the greater LA Basin.
During the month of June 2024, cargo theft in Mexico decreased 4.2% compared to the previous month (May 2024) and increased 4.1% compared to June 2023.
Yesterday, Overhaul enabled the arrest of two suspects and the recovery of cargo from a rail pilferage performed in Arizona.
Early morning on Thursday, June 27, the Overhaul GSOC alerted that a shipment of athletic footwear was being pilfered from its container on rail west of Flagstaff, AZ.
Overhaul is the global leader of in-transit supply chain risk management and actionable intelligence, with a 98% customer approval rating.
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