Cargo Theft: Carriers and Shippers Join Forces to Combat The Issue
Industry stakeholders recently spoke at Senate subcommittee hearing at the end of February to voice their concerns over the increasing concern of cargo theft (double brokering, load interception, etc), in hopes that more measures will roll out to take control over this issue.
As we discussed in our Road Map Newsletter at the end of January, cargo theft throughout the U.S. and Canada last year saw an uptick from 2023. Specifically 3,625 more reported incidents (a 27% bump), per CargoNet data.
During the hearing, industry representatives shared their concerns and stories of how cargo theft has impacted them, customers, and others in the supply chain industry. They also shared specific measures that they are hopeful Congress will consider and potentially implement, in order to improve this issue.
As a freight broker, the Commerce Express team works closely with their shipper-customers and transportation partners to ensure complete visibility for all parties.
[Relevant content: How to Prevent Fictitious Pickups, Cargo Theft].
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