CARGO THEFT

Man charged with posing as carrier agent, nabbing $9.5M in goods

A Chicago man faces federal charges after authorities say he posed as a carrier agent, duping companies into releasing shipments to him and making off with more than $9.5 million in goods. 

Aivaras Zigmantas, a 39-year-old Lithuanian national who has lived in the Chicago area and Fort Lauderdale, Florida, was indicted by a federal grand jury for allegedly posing as an agent for carriers and stealing shipments that were released to him. He intended to steal $13.5 million in goods and actually...

https://www.freightwaves.com/news/man-charged-with-posing-as-carrier-agent-nabbing-9-5m-in-goods

Borderlands Mexico: Tractor-trailer thefts in Mexico totaled 153 in April

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican authorities recorded 153 tractor-trailer thefts in April; BMW begins construction of $860M EV battery plant in Mexico; Port of Beaumont completes $85M roll-on/roll-off dock; Taiwanese automotive supplier opens factory in central Mexico.

Tractor-trailer thefts in Mexico totaled 153 in April

In April, Mexico averaged about five cargo truck thefts per day,...

https://www.freightwaves.com/news/tractor-trailer-thefts-in-mexico-totaled-153-in-april

Cargo thefts spiked 68% in Q4, led by food and beverage freight

When trade operator Mary Sandoval recently sent a truck to pick up a load of avocados from a warehouse in Laredo, Texas, she was appalled when the load and tractor-trailer vanished without a trace almost immediately after leaving the facility.

“The truck showed up to the warehouse, gave the warehouse the load pick up number and then drove off and disappeared,” Sandoval said. “We never heard from them, and don’t know where the avocados went.”

Sandoval, whose name has been changed for this story,...

https://www.freightwaves.com/news/cargo-thefts-spiked-68-in-q4-led-by-food-and-beverage-freight

Borderlands: Mexico’s truckers plan nationwide strike against cargo theft

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s truckers plan nationwide strike against cargo theft; EV maker Lucid expands its U.S. manufacturing facility; Grainger announces new distribution center near Houston; and supply chain services provider Kinaxis opens Dallas office.

Mexico’s truckers plan nationwide strike against cargo theft

Truckers across Mexico plan to go on strike Monday to protest rising...

https://www.freightwaves.com/news/borderlands-mexicos-truckers-plan-nationwide-strike-against-cargo-theft

Strategic cargo theft growth pushes industry fraud toward all-time high

Cargo theft has reached at least a 10-year high, and Travelers Scott Cornell believes it’s higher than ever before. 

Cargo theft of all varieties has increased 59% across the U.S. and Canada between the third quarter of 2023 and the same quarter last year, according to recent CargoNet data. This number highlights the continued growth of attacks over the past few years. 

“Much of the increase is due to ongoing shipment misdirection attacks, a kind of strategic cargo theft in which actors use...

https://www.freightwaves.com/news/strategic-cargo-theft-growth-pushes-industry-fraud-toward-all-time-high

Truck hijackings on the rise in Mexico

Cargo theft has been dominating headlines in recent months. As a result, logistics leaders have increased their focus on the growing prevalence of strategic theft incidents. Rampant – and often overlooked – hijacking across Mexico are another key piece of the North American cargo fraud puzzle, however.

There were 6,030 reported hijackings in Mexico between January 2023 and September 2023, according to a new data portal launched by Borderless Coverage Powered by Reliance Partners This number...

https://www.freightwaves.com/news/truck-hijackings-on-the-rise-in-mexico

Borderlands: Cargo insurance can boost cross-border operators’ business

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cargo insurance can boost cross-border operators’ business; Ryder System leases logistics center near Dallas–Fort Worth; Paccar Inc. announces $50M investment in Mexico truck factory; and thefts from cargo trains in Mexico rose in September.

Cargo insurance can boost cross-border operators’ business

Despite the prevalence of cargo theft and trucking accidents in Mexico,...

https://www.freightwaves.com/news/borderlands-cargo-insurance-can-boost-cross-border-operators-business

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