Showing posts with label Freightwatch International. Show all posts
Showing posts with label Freightwatch International. Show all posts

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.

FreightWatch
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:
http://www.freightwatchintl.com/

To learn more about pharmaceutical material screening technologies, visit: http://www.xstreamsystems.net/

Friday, December 17, 2010

FreightWatch: Armed Hijacking at Pharmaceutical Distribution Center


Gunmen hijack delivery vans at a pharmaceutical distribution center, police recover product and apprehend the suspects.

FreightWatch International, an industry leader in providing cargo theft intelligence released a news bulletin regarding the armed hijacking of a pharmaceutical distribution center.

According to the bulletin:

• Three armed men entered a pharmaceutical distribution facility as the dock doors were rolled up in the early hours of December 17, in Memphis, Tennessee.

• The armed men held 9 people at gunpoint and proceeded to drive away with three delivery vans full of product.

• Through the use of redundant covert tracking devices embedded in the pharmaceutical products, the suspects and product were tracked to a house where police were able to recover the product and apprehend several of the suspects.

Pharmaceuticals have become a valuable currency and organized gangs realize the high profitability in the theft, adulteration, fraud and counterfeiting of all medications.

All members of the pharmaceutical supply chain must take proactive steps to protect their inventories from theft, adulteration and counterfeited products.

To read the entire bulletin from Freightwatch International, visit:
http://www.freightwatchintl.com/


To learn more about pharmaceutical material screening technologies, visit: http://www.xstreamsystems.net/

Wednesday, December 15, 2010

Freightwatch International: November 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 November 2010.

FreightWatch
recorded 70 incidents in November. Prior to the Holiday season, Electronics and Food/Drinks continue to be the most stolen commodities.

By location, California, New Jersey and Texas accounted 64% of all the thefts recorded in November with 28, 11, and 6 thefts respectively.

This month, an average loss value of $642,371 resulted from the 24 incidents that contained an estimated load value.

On November 10, a load of pharmaceuticals worth $10.9 million was stolen a few miles away from its point of origin. The driver left the load unattended for approximately 15 minutes when it was stolen.

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:
http://www.freightwatchintl.com/


To learn more about pharmaceutical material screening technologies, visit: http://www.xstreamsystems.net/

Tuesday, December 14, 2010

Holiday Cargo Theft: A Concern for the Pharmaceutical Supply Chain

During the seven major holidays in the United States, cargo theft rates increase by 28% on a per-day basis compared with the remaining calendar days.

FreightWatch International, an industry leader in providing cargo theft intelligence through data collection, analysis, and customized reporting, released a report outlining the statistics and concern over the increase of cargo theft during the holiday season.

The FreightWatch report analyzes the statistics supporting this commonly understood maxim in an attempt to better explain the increased risk faced by shippers and their supply chain providers.

By commodity, pharmaceutical thefts increases from 6% to 8% during the holiday.

It is critical that all members of the supply chain protect their inventories from theft, adulteration, fraud, and counterfeiting through increased vigilance and by deploying solutions and technologies.

To read the FreightWatch International Holiday Cargo Theft report, visit: http://www.freightwatchintl.com/?q=webfm_send/31

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:
http://www.freightwatchintl.com/

To learn more about pharmaceutical material screening technologies, visit: http://www.xstreamsystems.net/

Monday, November 15, 2010

Entire Bristol Myers Squibb Shipment Stolen

As reported earlier in Secure Pharma Chain Blog, according to Freightwatch International, Bristol Myers Squibb’s entire truckload of pharmaceuticals, valued at several million dollars was stolen from a rest area in Florence, Kentucky on November 11th.

Products in the shipment included Avapro, Avalide, Coumadin, Abilify, Reyataz and Plavix.

The stolen truck - which was plain white with no unique markings - was taken from a rest area in Florence, Kentucky, after being left unattended for approximately 15 minutes by the driver and a passenger.

The driver had been forced to park some distance away from the main facility because the rest area was full. Evidence from the scene indicated the thieves made entry by breaking the lower window on the passenger side.

FreightWatch has recorded 27 pharmaceutical theft incidents year-to-date in the United States, with an average loss per shipment of $5.1M, up from $4M in 2009.

Secure Pharma Chain is encouraging all members of the pharmaceutical supply chain to be vigilant in protecting their inventories from all suspicious offers of medications from unknown sources. Stolen products are especially dangerous in that the actual drugs will not be handled properly-while the product containers will likely be emptied of the legitimate drugs- replaced with counterfeit drugs and sold within the supply chain.

The most effective solution for the interdiction of fraudulent, adulterated, sub-standard and counterfeit drugs is verifying the drug inside a sealed container with an material authentication technology.

To learn about material authentication technologies, visit: http://www.xstreamsystems.net/

Friday, November 12, 2010

Freightwatch: Truckload of Pharmaceuticals Stolen


A full truckload of pharmaceuticals was stolen from a rest area in Florence, Kentucky at approximately 10 pm, Wednesday, November 11.

According to an email alert, Freightwatch International, an industry leader in providing cargo theft intelligence through data collection, analysis, and customized reporting, the theft occurred approximately 225 miles from the shipment’s point of origin.

The load value of the shipment has not been established, but is reported to be worth several million dollars.

The driver and his passenger reportedly left the truck alongside the exit ramp from the rest area because all the parking spaces were full. The vehicle was reportedly left unattended for approximately 15 minutes.

FreightWatch highly recommends that shippers of highly targeted goods such as electronics and pharmaceuticals ensure their transportation providers are aware of all in-transit security requirements and that the shipper has the capability to audit their compliance at any time.

Members of the pharmaceutical supply chain need to be on alert for these stolen goods and their containers. It is likely that the criminals will sell the products which may be harmful if not properly stored and use their containers to introduce counterfeit medications into the legitimate supply chain.

To read more about this, visit: http://www.freightwatchintl.com/

To learn more about verification technologies that can test the authenticity of pharmaceuticals inside their sealed, unit-of-sale container, visit: http://www.xstreamsystems.net/.

Wednesday, October 20, 2010

Freightwatch International: September 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 September 2010.

FreightWatch
recorded 42 cargo theft incidents in September; a substantial decrease in the average number of thefts per month this year. The states with the highest number of thefts were California and Florida followed by New Jersey and Texas.

This month, Clothing/shoes, Electronics and Building/Industrial were the most targeted commodities. By Location, 50% of the incidents occurred at truck stops and secure DC/Terminal lots.

Finally, an average of $322,657 resulted from the 15 incidents showing loss value amounts.

By commodity, pharmaceuticals had three reported incidents in September which matches the previous month:

• September 10th in Daytona, Florida a last mile delivery of pharmaceuticals was taken of an unreported value.

• September 14th in Chicago, Illinois there was a theft of a trailer with a pharmaceutical cargo of an unreported value.

• September 24th in Dandridge, Tennessee there was a theft of a trailer with a pharmaceutical load valued at $160, 848.

As a commodity, pharmaceuticals from October 2009 to September 2010 represent 5% of actual incidents of cargo theft.

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:
http://www.freightwatchintl.com/.

To learn more about pharmaceutical material screening technologies, visit: http://www.xstreamsystems.net/.

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:

http://www.freightwatchintl.com/.


To learn more about pharmaceutical material screening technologies, visit: http://www.xstreamsystems.net/.

Thursday, August 19, 2010

Pharmaceutical Cargo Theft and Recovery

As organized criminal elements continue to target the pharmaceutical supply chain, FreightWatch International has reported a pharmaceutical theft and its subsequent recovery of a drug courier shipment in Michigan on August 17th.

According to FreightWatch International, the courier van that contained pharmaceutical products destined for multiple stops, originated in Livonia, Michigan on August 17th.

The van and its contents were stolen while the driver had stopped and was making a delivery at a distribution point in the Greater Detroit Metro area.

Fortunately the pharmaceutical product was equipped with a covert GPS tracker and the Detroit Metro Police was notified and they were able to recover the stolen products and arrest two suspects.

The value of the recovered stolen goods was not reported.

This is a victory in pharmaceutical supply chain security and illustrates the need and value of the deployment of a variety of technologies and solutions in properly protecting the legitimate supply chain from theft, fraud, adulteration and counterfeit product.

Secure Pharma Chain encourages that all members of the supply chain deploy a layered suite of technologies to protect their inventories and consumers.


To learn more about pharmaceutical supply chain security solutions, visit: http://www.xstreamsystems.net/.

Saturday, August 14, 2010

Freightwatch International: July 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 July 2010.

FreightWatch recorded 49 cargo thefts for the month of July; a 9% decrease from the incidents recorded in June. The states with the highest theft rates continue to be California, Florida, and Texas, followed by Pennsylvania, Georgia and New Jersey.

By location, 41% of cargo theft occurred at truck stops and 84% of thefts consisted of full truckloads being stolen.

This month, an average of $259,732 per load results from the 40% of thefts that contained the amount of loss value.

By commodity, electronics and food/drinks persisted as the most targeted commodities. Building/Industrial also appears on the top of the list with six additional thefts compared to June with only two thefts recorded in this category.

Pharmaceuticals as a commodity experienced three reported incidents in July, all on July 16th. The three pharmaceutical thefts in the report include:

• July 16th theft of a trailer at a truck stop in Jefferson, Ohio of an unreported value.

• July 16th high jacking of a truck transporting pharmaceuticals of an unreported value in Detroit, Michigan.

• July 16th a second theft of a trailer on the same day at a truck stop in Jefferson, Ohio 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:

http://www.freightwatchintl.com/.

To learn more about supply chain security solutions, visit: http://www.xstreamsystems.net/.

Tuesday, July 27, 2010

Pharmaceutical Cargo Theft and Recovery



FreightWatch International via a cargo theft update, reports on a July 16th pharmaceutical cargo theft in Jefferson, Ohio.

According to the FreightWatch report, a full truckload of pharmaceuticals was stolen from a truck stop in Jefferson, Ohio, at approximately 4 p.m. Central on Friday, July 16. The solo operator entered the truck stop and found the tractor-trailer missing upon return.

The FreightWatch Emergency Response Center (ERC) was notified, and through an embedded tracking device, the load was located.

FreightWatch coordinated a multi-jurisdictional response as the load remained in-transit, resulting in a full recovery and arrest of the suspect.

The load was subsequently returned to the transportation provider for an on-time delivery.

Secure Pharma Chain is encouraged by the use of technology to aid in the interdiction of pharmaceutical cargo theft and to minimize the negative impact to the supply chain and consumers.

It remains apparent that criminal elements realize the huge profits of pharmaceutical theft and are targeting these products.

Secure Pharma Chain endorses all members of the pharmaceutical supply chain (manufacturers, distributors, transportation providers, dispensers and consumers) to be aware of and take measures to protect themselves from theft, fraud, contamination, adulteration and counterfeiting.

Not only should members of the pharmaceutical supply chain protect the distribution process and the transaction but they should also verify, protect and authenticate their inventories by deploying solutions that guarantee the quality and efficacy of the product inside the container.

To learn more about these types of technologies, visit: http://www.xstreamsystems.net/.

Saturday, July 24, 2010

FreightWatch International: 2010 Bi-Annual Cargo Theft Report



FreightWatch International recently released its 2010 Bi-Annual Cargo Theft report.

As it relates to pharmaceutical cargo theft, FreightWatch is reporting the number of incidents has declined so far this year from last. However, the the overall volume or value of each incident and sophistication/organization has increased.

This seems to be exemplified by the huge Eli Lilly warehouse theft earlier this year where thieves stole $76 million in pharmaceuticals in a very sophisticated burglary.

Here are some of the highlights of the bi-annual report:

• In the first six months of 2010, cargo theft recorded by FreightWatch has increased 5% over the same time period in 2009. Additionally, there have been several noteworthy trends that differ from cargo theft recorded in the previous year.

• First, multi-trailer losses are becoming increasingly common. Cargo theft gangs are stealing two, three and even four trailers at a time, most commonly from terminals where trailers are more likely loaded with similar product. FreightWatch views this as the natural progression for cargo theft gangs, as they moved from "pot luck" style cargo theft to active targeting; now gangs are seeking a better return for their efforts, hitting multiple trailers at once while incurring the same level of risk.

• Second, Food and Drinks replaced Electronics as the commodity type most targeted by cargo theft gangs over the period examined. Electronic theft has decreased by 23% in the first half of 2010. As a point of comparison, at this same time last year, pharmaceutical thefts were down 50% over the previous year's rate, while the commodity group ended with a slight increase in volume for 2009.

• Third, in 2009, warehouse burglaries were up 50% over the previous year's rate, but slowed significantly through the rest of the year. FreightWatch recorded 12 warehouse burglaries in the first half of 2010, a decrease in the overall rate of incidents. However, due to a $76 million dollar loss in Enfield, Connecticut, the largest cargo theft incident on record, the total estimated loss rose sharply from $38 million in 2009 to $102 million in 2010.

The rise of the sophistication and organization of pharmaceutical cargo theft should trouble all within the pharmaceutical supply chain. This criminal act within the vital health care chain is evolving beyond random acts of theft and threatens the ability of all its members to protect their inventories, brand and safety of the consumer.

Secure Pharma Chain encourages all members of the pharmaceutical supply chain to utilize technologies to protect their inventories and authenticate all products within it.


To download this report in its entirety, visit: http://www.freightwatchintl.com.

Friday, July 16, 2010

FreightWatch International: June 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 June 2010.

FreightWatch recorded 54 cargo theft incidents in North America during June; a decrease of 14% from May.

By commodity, pharmaceuticals experienced one incident in June, one less than in May. However the in subsequent follow up reports may prove that were more stolen cargo than initially reported in this particular incident.

The one pharmaceutical theft in the report is:

• The June 25th trailer theft of a trailer of pharmaceutical products in Glade Springs, Virginia with an unreported value. This theft was quickly recovered because of tracking devices placed within the stolen cargo. The theft was reported in Secure Pharma Chain Blog.

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:

http://www.freightwatchintl.com/.

To learn more about supply chain security solutions, visit: http://www.xstreamsystems.net/.

Tuesday, June 29, 2010

Freightwatch International: Pharmaceutical Theft and Recovery





FreightWatch International an industry leader in providing cargo theft intelligence through data collection, analysis, and customized reporting, released a pharmaceutical theft and recovery bulletin regarding a recent large pharmaceutical cargo theft.

The following is the entire FreightWatch bulletin:

A full truckload of pharmaceuticals was stolen in Glade Springs, Virginia, at approximately 9 pm the evening of Friday, June 25. The team drivers transporting the shipment left the load unattended while eating dinner inside a truck stop. The drivers returned to find the load missing.

Through an embedded tracking device, FreightWatch identified the load as being located at a truck stop in Bulls Gap, Tennessee, approximately 82 miles from Glade Springs, along I-81. At the same time, the proprietor of the truck stop where the load was found verified a trailer on the lot as fitting the description.

The trailer did not have a tractor attached, and the truck stop company parked an employee vehicle in front of the tractor until local police arrived.

Local police arrived on scene and recovered the load. Reports are the load was recovered intact. Details on this theft and recovery are still being developed and will be reported as they become available.

Secure Pharma Chain Blog endorses the use of sophisticated tracking devices be used in the transport of all pharmaceutical shipments to aid in the recovery of cargo thefts.

It remains unclear as to what will happen to these stolen goods because the chain of custody has been broken and their legitimacy is now in question. By using material authentication technology the cargo could be quickly verified as safe and efficacious inside their unit-of-sale containers without destroying or degrading the material.

To read the entire report from FreightWatch International, visit:

http://www.freightwatchintl.com/.

To learn more about material authentication solutions, visit: http://www.xstreamsystems.net/.

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: http://www.xstreamsystems.net/.

Friday, May 28, 2010

FreightWatch International Issues Pharmaceutical Cargo Theft Alert


FreightWatch International, an industry leader in providing cargo theft intelligence through data collection, analysis, and customized reporting, released a pharmaceutical cargo theft alert.

Two trailers loaded with an undisclosed value of pharmaceuticals were taken from a trucking company parking lot in Memphis, Tennessee between 10 p.m. Thursday, May 20th and 8 a.m. Friday, May 21st.

Both trailers had been loaded at a local pharmaceutical distribution center, moved to the trucking company lot and dropped unattached to a tractor.

One of the trailers was returned to the transportation provider's lot after being taken and the pharmaceuticals removed.

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 alert from Freightwatch International, visit: http://www.freightwatchintl.com/.To learn more about supply chain security solutions, visit: http://www.xstreamsystems.net/.

Thursday, May 27, 2010

FreightWatch International: April 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 April 2010.

FreightWatch recorded 61 theft incidents in North America during April 2010. Of the recorded thefts in April, the highest frequency was seen in California, which contributed more than one-third of the total with 23 recorded.

By commodity, pharmaceuticals experienced three incidents in April, two less than in March.

The three pharmaceutical thefts in the report include:

• April 9th a high jacking at a public access lot in Nashville, Tennessee of undisclosed pharmaceuticals of an undisclosed value.

• April 15th warehouse burglary at a drug distribution warehouse in Richmond, British Columbia of undisclosed pharmaceuticals worth $40,000.

• April 17th theft of a trailer at a truck stop in Mill Hall, Pennsylvania of undisclosed pharmaceuticals of an undisclosed 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: http://www.freightwatchintl.com/.


To learn more about supply chain security solutions, visit: http://www.xstreamsystems.net/.

Wednesday, April 14, 2010

FreightWatch International: March 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 March 2010.

FreightWatch recorded a 13% decrease in North American cargo theft from February to March.

Of the 65 recorded thefts in March, the highest frequencies were seen in California, Texas, Florida, and the York region of Ontario with 20, seven, six, and five reported theft incidents, respectively.

By commodity, pharmaceuticals experienced five incidents in March, matching their February numbers.

The five pharmaceutical thefts in the report include the huge $76,000,000 Eli Lilly warehouse theft in Connecticut making March’s approximate value of cargo theft to be in excess of $77,000,000. The thefts for March include:

• March 5th a theft of a trailer at a truck stop with undisclosed pharmaceuticals worth $400,000 in Dallas, Texas.
• March 13th a theft of a trailer at a truck stop with undisclosed pharmaceuticals worth $365,000 in Richwood, Kentucky.
• March 13th the warehouse theft of prescription drugs out of an Eli Lilly warehouse in Enfield, Connecticut worth valued at $76,000,000.
• March 27th theft of a trailer with undisclosed pharmaceuticals at a warehouse in Mississauga, Ontario worth $322,000.
• March 29th theft of a trailer at a public access parking lot in Avondale, Arizona with undisclosed value of 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: http://www.freightwatchintl.com/.

To learn more about supply chain security solutions, visit: http://www.xstreamsystems.net/.

Tuesday, March 16, 2010

Pharmaceutical Warehouse Burglary


Freightwatch International reported this morning in an email message about a pharmaceutical warehouse burglary which occurred early Saturday morning (March 13th).

An unknown number of suspects entered into pharmaceutical warehouse in Enfield, Connecticut by cutting phone lines and going through the roof of the warehouse entering into the telecommunications room of the facility. The suspects then disabled the backup alarm and access control systems.

The initial loss estimate is $76 million dollars.

According to Freightwatch:

· The M.O. of this burglary is consistent with the pharmaceutical warehouse burglary that occurred last year in Richmond, Virginia.
· FreightWatch recommends that all companies with warehousing operations ensure redundant communication systems are in place, including motion detection and immediate response protocols around the communications, alarms and access control systems.

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

FreightWatch International is an industry leader in providing cargo theft intelligence through data collection, analysis, and customized reporting

You can view this report and other cargo theft intelligence by visiting the FreightWatch Intelligence Portal: http://www.freightwatchintl.com/intelligence_portal.