Cargo theft has become a growing and costly threat in the trucking industry, with organized crime rings and opportunistic thieves targeting high-value shipments across the supply chain. From food and electronics to pharmaceuticals and apparel, stolen freight results in billions of dollars in losses each year and ultimately disrupts operations and damages customer trust. Criminals are becoming more sophisticated, using tactics like identity theft, fake carriers, and GPS jamming to hijack shipments undetected. To prevent cargo theft, carriers and shippers must adopt a proactive, layered approach鈥攖his includes thorough vetting of carriers and brokers, investing in GPS tracking and geofencing technology, training drivers on security best practices, and securing parking in well-lit, monitored areas. Collaboration with law enforcement and industry networks also helps identify threats and share intelligence, creating a stronger defense across the logistics ecosystem.
Attend this session to:
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Assess the magnitude of cargo theft and fraud, and identify the types and tactics most common 鈥� including fictitious pick-ups (fraudulent carriers using stolen identities), Double brokering and identity theft, cyber-enabled fraud using spoofed emails and fake documents, and theft during transit or at unsecured facilities
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Understand detection and prevention strategies, including carrier and broker vetting protocols, technology tools, driver education, and standard operating procedures
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Incorporate legal, insurance, and law enforcement collaboration.
