Thursday, September 16, 2010

Freightwatch International: August 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 August 2010.

FreightWatch recorded 58 cargo theft incidents in August; an 18% increase from the thefts recorded in July.

The states with the highest number of thefts were California and Florida, while Georgia experienced a higher number of incidents compared to last month displacing Texas to fourth place on the list of cargo theft.

By commodity, pharmaceuticals had three reported incidents in August:

• August 2nd in Columbus, Ohio there was a theft of a trailer with an undisclosed value.

• August 2nd in Philadelphia, Pennsylvania there was a theft of a trailer with cargo valued at $85,000 from a secured distribution center/lot.

• August 17th in Detroit, Michigan there was a theft of a cargo van from a secured location with an undisclosed value.

During the last months there has been an increase in the number of secure yards being targeted. In August, this trend continued to grow as the majority of the incidents recorded occurred at secure terminal lots followed by truck stops.

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 pharmaceutical material screening technologies, visit:

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