Wednesday, November 17, 2010

Freightwatch International: October 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 October 2010.

FreightWatch recorded 77 incidents for the month of October, a substantial increase over the 55 incidents recorded in September.

As the holiday season approaches, increasing freight movement becomes an opportunity for thieves to target high-value loads.

California continues to report the highest number of thefts accounting for 34% of all incidents reported in October. Florida, Texas, New Jersey and Georgia remain at the top of the list and continually report slight variances in the number of thefts from month to month.

By commodity, pharmaceuticals had six reported incidents in October which doubles the number from the previous month:

• October 1st in Jacksonville, Florida a last mile delivery of pharmaceuticals was taken of an unreported value.

• October 3rd in Hollywood, California a warehouse burglary of a pharmaceutical distribution center of an unreported value.

• October 7th in San Fernando, California there was a theft of a trailer roadside of an unreported value.

• October 10th in Fort Smith, Arkansas there was a theft of a trailer from a public access lot valued at $50,000.

• October 13th in Dallas, Texas there was a theft of a container of pharmaceuticals of an undetermined value in a public access lot.

• October 15th in Gardena, California there was the theft of a trailer of pharmaceuticals of an unreported value.

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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