$9.5M in Stolen Goods Recovered

In recent months, the U.S. logistics sector has witnessed a concerning surge in cargo theft, affecting major logistics companies and retailers alike.

Notably, four individuals from Philadelphia - Aboudramane Karamoko, Sekou Fofanah, Shamaire Brown, and Quamaire Brown - were implicated in a massive scheme targeting 55 United Parcel Service (UPS) warehouses, leading to a theft of around $1.6 million worth of merchandise, mainly high-value electronics marked with “lithium-ion battery” warnings.

In a separate incident in California, Manuel Alfredo Revolorio and Alondra Ramirez Cuevas were arrested for holding $9.5 million worth of goods stolen from big-box retailers. Their haul included a diverse range of items, from clothing and electronics to perishables.

Further intensifying the concern, CargoNet's recent report highlighted an "extremely high" threat of cargo theft this Thanksgiving, with a sharp 64% increase in theft reports since November 2022.

Strategic cargo theft groups have been exploiting the holiday season, targeting unattended, loaded conveyances. The thefts have been concentrated in areas like Dallas-Fort Worth, Atlanta, and Southern California, with popular items including beverages, motor oils, auto parts, apparel, and solar energy items.

Sources: U.S. Attorney's Office, District of New Jersey | CBS News | Insurance Journal