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IPFS News Link • Theft or Piracy

Cargo Theft Soaring As Thieves Take Advantage Of Increased Traffic, Idled Shipments

• Zero Hedge

By Noi Mahoney of FreightWaves,

Record container backlogs at U.S. ports and overstressed supply chains are creating conditions ripe for cargo theft, according to experts.

"The backlog across all logistics infrastructure is causing containers and shipments to sit idle, not just in the ports but outside the ports, increasing opportunities for them to be targeted by criminals," Ron Greene, vice president of business development at Overhaul, told FreightWaves.

Overhaul is a real-time visibility and risk management platform based in Austin, Texas. 


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