Monday, June 21, 2010

FreightWatch International: May 2010 Cargo Theft Report

FreightWatch International, an industry leader in providing cargo theft intelligence through data collection, analysis, and customized reporting, released their monthly report on cargo theft for May 2010.

FreightWatch recorded 63 cargo theft incidents in North America during May; a negligible increase from the 61 recorded in April. As is the most common M.O. in North America, slightly more than two-thirds of theft incidents reported to FreightWatch this month involved thieves commandeering stationary trailers with or without the paired tractor. Of the remaining third, three involved pilfering of trailers, two were driver-thefts, and fifteen lacked theft-type specification in their reports.

By commodity, pharmaceuticals experienced two incidents in May, one less than in April. However the May incidents were notable in that they happened in the same region/city and seemed to have been specifically targeted for their cargo.
The two pharmaceutical thefts in the report include:

• May 20th trailer theft of pharmaceutical products valued at $611,461. This theft has been reported in Secure Pharma Chain Blog on June 1st as being fifteen pallets of Lupin Pharmaceutical products.

• May 26th trailer theft of an unvalued amount of pharmaceutical products. This theft has been reported in Secure Pharma Chain Blog on June 14 as being several cases of products from Shionogi Pharmaceuticals.

The issue of pharmaceutical cargo theft energizes the need for material screening of products within the supply chain, from manufacturer to dispenser, to properly protect consumers everywhere.

As the value and prevalence increases, so too does the potential risk to consumers.

To read the entire report from Freightwatch International, visit:

To learn more about supply chain security solutions, visit:

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