Cargo Theft Spikes as Tariffs Cripple US Supply Chain
Organized crime is significantly impacting America’s supply chain, resulting in a record surge in cargo theft exceeding an estimated $1 billion annually. Criminals utilize sophisticated tactics, including strategic theft and identity theft, to exploit supply chain technology for high-profit, low-risk schemes. This involves impersonating legitimate companies and diverting cargo, often leaving little to no traceable evidence. The rise in strategic theft, now representing one-third of all cargo theft, highlights the increasing sophistication of these criminal networks.
John Q. Hosedrinker