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.

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.