News
Cargo theft is changing, and the risk is now inside the truck
1+ hour, 19+ min ago (719+ words) Scott Cornell has worked enough cargo theft cases to know that the most dangerous schemes rarely announce themselves. They usually appear disguised as something routine. Cornell, Chief Risk Officer at SPG Cargo & Logistics, joined me recently on the Fraud Watch…...
Railroads cheer crime bill passage, want Do J to gear up supply chain theft fight
22+ hour, 2+ min ago (292+ words) House passage of a bill to fight retail crime is a good start, says a rail trade group, who called on the Justice Department to do more to fight supply chain theft. The Association of American Railroads (AAR) said it…...
The fraudsters are collaborating. It's time the good guys did too.
1+ day, 21+ hour ago (1225+ words) Fraudsters are sharing warehouses, swapping drivers, and coordinating across networks. The people trying to stop them are still working alone. The conversation picks up where Prax left off during a December appearance on the show, where he first floated the…...
The DOJ may finally understand what modern cargo theft really looks like
1+ day, 22+ hour ago (401+ words) The transportation industry has spent years asking for more federal attention on cargo theft and freight fraud. A newly released letter tied to Department of Justice funding shows that conversation may finally be getting more attention in Washington. View the…...
Hantavirus and passenger fleets: What passenger carriers should be thinking about
2+ day, 23+ hour ago (924+ words) Three people are dead on a cruise ship anchored off Cape Verde, Africa. A 70-year-old Dutch man. His wife. A German national. All passengers aboard the MV Hondius, an expedition cruise ship that departed Ushuaia, Argentina, on March 20. The cause…...
Inside the $10m freight fraud that rocked Chicago
2+ day, 22+ hour ago (543+ words) A suburban Chicago man has been sentenced to five years in federal prison after federal prosecutors said he helped steal more than $10 million in interstate freight by posing as legitimate carriers and brokers. According to the U. S. Attorney's Office for the…...
Crime wave targets North American freight lanes in April
2+ day, 22+ hour ago (830+ words) Cargo crime investigations accelerated across North America in April as customs officials, police agencies and military forces disrupted narcotics smuggling operations, counterfeit goods trafficking and organized cargo theft rings tied to major freight corridors. Authorities in the U. S. reported multimillion-dollar drug…...
Lineage says cold storage market working through oversupply
1+ week, 19+ hour ago (445+ words) Lineage executives said Wednesday that the temperature-controlled warehouse market is stabilizing after experiencing an oversupply prompted by the pandemic. The Novi, Michigan-based company said its customers" food inventories have returned to more normal, albeit leaner, levels. Lineage (NASDAQ: LINE)reported…...
$4 million cargo theft recovery shows what enforcement can do
1+ week, 1+ day ago (186+ words) In a recent case out of the Los Angeles County Sheriff's Department, investigators recovered nearly $4 million in stolen cargo tied to multiple companies, according to NBC Los Angeles. One arrest was made following a search warrant in Vernon, California. That…...
Valid carrier authorities are being used in cargo theft schemes
1+ week, 1+ day ago (319+ words) Investigators say criminal groups are exploiting this gap by taking control of existing motor carrier authorities through informal sales, unauthorized transfers or compromised credentials. Once in control, they begin booking shipments under the appearance of a legitimate trucking company. The…...