Cargo crime in North America has significantly increased, with a 49% surge in thefts and losses averaging $115,230 per incident in the first half of 2024, driven by more organized and technologically sophisticated criminal activities. The scale and frequency of these thefts highlight the urgent need for enhanced risk management and control measures over shipments. PRIMO addresses this escalating challenge by offering advanced shipment tracking and robust support, ensuring cargo security and aiding in the prevention of theft.

– Surge in Cargo Theft: Cargo theft in North America surged by 49% in the first half of this year, with an average loss of $115,230 per incident.

– Organized Crime: Criminals are increasingly organized and sophisticated, using technology to track and steal high-value cargo.

– Regional Impact: California and Texas are the most affected in the US, while Mexico sees the highest number of incidents, often involving violence.

– Targeted Goods: Electronics are the prime target in the US, food and beverages in Mexico, and cars and auto products in Canada.

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Reference: theloadstar.com