Wednesday, January 12, 2011

Freightwatch International: December 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 December 2010.

recorded 64 incidents in December, a slight decrease in the average theft rate per month at the end of a very busy fourth quarter.

By location, California, Florida and Texas accounted the highest number of incidents in December, with 17, 13, and seven thefts respectively. This month, an average loss value of $383,350 resulted from the 25 incidents with reported loss values.

Violence in cargo theft remained low in 2010, however, three incidents occurred in December in which weapons were used in the acquisition of cargo, including two hijackings in Southern California and an armed robbery in Memphis.

FreightWatch is reporting four, very publicized pharmaceutical thefts in December:

• December 7th in Dallas, Texas, the theft of a trailer of pharmaceuticals of an unreported value.
• December 13th in Baltimore, Maryland the hijacking of a delivery van of pharmaceuticals of an unreported value.
• December 17th in Memphis, Tennessee a warehouse robbery and hijacking of delivery vans of an unreported value.
• December 23rd in Memphis, Tennessee a delivery van robbery valued at $439,000

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:

No comments: