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(U.S.) Trucking Weathers Another Increase in Cargo Theft for Q2
We’re seeing the actors who perform these thefts become more organized and sophisticated, even around these low-tech thefts.
We’re seeing the actors who perform these thefts become more organized and sophisticated, even around these low-tech thefts.
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.
What we are seeing is a surge in cargo, as shippers book earlier and
perhaps more containers than normal
The FBI takes cargo theft very seriously, due to the significant impact it has on the United States
economy, and the potential for stolen goods to be used to fund other criminal organizations,
This kind of thing is all too common in California, where 54 percent of rail, highway and warehouse cargo theft was reported in 2023
The biggest takeaway is not just that it’s increasing, but how much it’s increasing by
Despite the history of this union and the ports reaching agreements in recent decades, logistics companies and shippers are showing concern about the risk of a strike*, with more cargo orders for peak shipping season moving back to West Coast ports.
By offering contracts and submitting bids to transport loads, [the accused] reportedly fraudulently induced other individuals and entities to release shipments of goods to him and his associates. The shipments would then be diverted from their intended destinations, loaded onto a different truck, and then transported to a warehouse or other location
The European Union’s role as a political and economic bloc allows its member states to have a freer flow of goods and people, which. largely benefits from greater trade and economic cooperation between them via the Schengen Area and its lack of border controls. By the same token, it also provides opportunities for criminal organisations that use the free flow of goods to evade the legal system across the EU and within its member states.
In 2023, Brazil’s economic results exceeded the forecasts of both experts and the government. The projected inflation rate was 5.42%, yet Brazil closed the year at 4.62%. The basic interest rate (SELIC)
was projected to be 12.25% but wound up being 11.75%.
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Overhaul Risk Advisory Services, LLC DBA: Overhaul Risk & Insurance Services (Legal name of the Insurance Agency) is a licensed insurance brokerage (TX, and license #: 2800637). Overhaul Risk Advisory Services is not an insurance company but acts as an agent and or advisor for certain insurance companies and programs. Overhaul Risk and Advisory Services is paid commission and may receive other performance-based compensation for its services. All compensation received by Overhaul Risk & Advisory Services, its affiliates, and its employees may vary by insurance company and state where business is placed.
Overhaul Risk Advisory Services, LLC DBA: Overhaul Risk & Insurance Services (Legal name of the Insurance Agency) is a licensed insurance brokerage (TX, and license #: 2800637). Overhaul Risk Advisory Services is not an insurance company but acts as an agent and or advisor for certain insurance companies and programs. Overhaul Risk and Advisory Services is paid commission and may receive other performance-based compensation for its services. All compensation received by Overhaul Risk & Advisory Services, its affiliates, and its employees may vary by insurance company and state where business is placed.
Copyright ©️ 2024 Overhaul