Cargo Theft Is Exploding — And Congress May Finally Step In
from HDT Talks Trucking
Cargo theft losses surged to nearly $725 million last year, according to CargoNet, and the problem is no longer local or opportunistic. In this HDT Talks Trucking Short Take, Editor and Associate Publisher Deborah Lockridge speaks with Scott Cornell, VP of Transportation Risk & Strategy at LogistIQ Insurance Solutions and chair of TAPA Americas, about how cargo theft has evolved into a sophisticated, international crime — and why federal tracking and enforcement have lagged behind. Cornell explains how cargo theft provisions were added to the Combating Organized Retail Crime Act (CORCA), what the legislation would do differently, and how federal tracking, task forces, and prosecutors could help motor carriers, brokers, and shippers fight back. #CargoTheft #Trucking #SupplyChainSecurity #Logistics #Freight #TruckingNews #HDTTalksTrucking
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