US EditionHow Technology Is Preventing Cargo Theft, the Quiet Crime Costing Billions
UNITED STATES, JUL 15 – The bipartisan bill aims to empower federal agencies to coordinate law enforcement and reduce cargo theft, which costs up to $35 billion annually and disrupts supply chains, lawmakers said.
- In 2024, North America recorded 3,798 cargo theft incidents causing nearly $455 million in losses, marking the highest number ever reported.
- This rise stems from organized criminals using sophisticated tactics like phishing, GPS spoofing, fake identities, and insider information to steal shipments.
- Lawmakers introduced bipartisan bills aiming to create federal coordination centers and equip agencies with tools to disrupt these evolving criminal networks before escalation.
- Katie Wild from Nolan emphasized their strategy of using data analytics to identify and prevent risks promptly, safeguarding shipments from potential threats, while Highway successfully stopped over 900,000 fraud attempts in 2024.
- These efforts suggest real-time technology and stronger federal cooperation could reduce cargo theft's $35 billion annual impact on supply chains and consumers.
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How technology is preventing cargo theft, the quiet crime costing billions | News Channel 3-12
Aun Photographer // Shutterstock How technology is preventing cargo theft, the quiet crime costing billions It happens quietly. A truck never reaches its destination. A warehouse is missing pallets by morning. A shipment, once traceable, suddenly vanishes from the system. No headlines. No security footage worth a second look. Just empty trailers of lost goods. And whether you’re a major retailer or someone just trying to buy groceries, you’re al…
LIVE NOW: Senate Judiciary Examines Smash-and-Grab Criminal Networks and Organized Theft
The Senate Judiciary Committee holds a full committee hearing titled “Beyond the Smash and Grab: Criminal Networks and Organized Theft” at 10:15 a.m. ET on July 15. Witnesses David J. Glawe, president and CEO of the National Insurance Crime Bureau in Oak Brook, Illinois Donna Lemm, chief strategy officer at IMC Logistics in Collierville, Tennessee Scott McBride, chief global asset protection officer at American Eagle Outfitters Inc. in Pittsburg…
Trucking industry pushes Congress for solutions to skyrocketing cargo theft
WASHINGTON — A leading, nationwide trucking company told the U.S. Senate Judiciary Committee on Tuesday that cargo theft is a crisis impacting the entire supply chain that requires immediate action from Congress. Donna Lemm, chief strategy officer for IMC Logistics, testified on behalf of the American Trucking Associations (ATA) in support of the Combating Organized Retail Crime Act, which would establish a coordinated multi-agency response and …
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