🎣 Driverless Freight Race
Plus: U.S. imports slow as tariffs bite, Mexico slaps 50% tariffs on Chinese goods, UP–NS defend their $85B merger amidst rival alliances, and more.
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.
Two men face charges after allegedly stealing nearly $300K in Apple products from a moving truck on the Pennsylvania Turnpike. State police tracked suspects using dash cam and surveillance footage.
Recent incidents in NJ and Chicago reveal bold new tactics in cargo theft. Experts warn of increasing violence as $1M+ meat heist ring busted and driver narrowly escapes confrontation.
Recent seafood thefts in New Jersey and Pennsylvania total over $350,000. The industry is on high alert as logistics crimes surge in 2024.
As US companies shift from China to Mexico, a surge in cargo hijackings threatens to derail the nearshoring bonanza.
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