🎣 Can Fraud Be Stopped?
Here is another round-up of the most engaging and talked-about freight content from around the web and from us.
BSI Consulting reports cargo theft surging in Q3 2025, with Mexico accounting for 75% of North American cases. Hijackings dominate, while criminals deploy new tactics like GPS jammers and fake police checkpoints.
Two truck drivers face prison and felony charges in theft schemes involving more than $700,000 in stolen TVs
Eight suspects were arrested in Los Angeles after $1.4 million in stolen electronics was recovered, a case showcasing both organized cargo crime and the role of real-time tracking in recovery.
FreightWaves reports Ceva Logistics lost over $25 million in cargo thefts in 2024–25.
Authorities say two Los Angeles hardware stores were fronts for a $4.5 million cargo theft ring in Southern California.
A high-value load moved across the country with all checks cleared, until GenLogs spotted something no one else did.
Plus: Aurora’s AV freight revenue debut, a $4.25M facial monitoring settlement, the U.S. trade gap hits lowest point since September 2023, and more.
Fifteen stolen loads. Four fake carriers. One ring of trucks hiding in plain sight. GenLogs uncovers how zip-tied plates, swapped MCs, and a $200K solar panel swipe exposed a coast-to-coast cargo theft network brokers missed.
Verisk's CargoNet reports a sharp rise in July 4 cargo thefts; warning of peak risk dates and targeted states.
A $1.4 million Nintendo Switch 2 cargo theft and a $100 million Brinks jewelry heist highlight escalating risks of organized theft targeting high-value freight.
Verisk CargoNet warns cargo theft is surging ahead of Memorial Day weekend. 2025 has already broken records, with monthly theft reports more than doubling historical norms.
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