🚨 Cargo theft in the U.S. has reached record levels, causing $35 billion in annual losses. As supply chain security worsens, carriers and shippers are urging Congress to enforce stricter laws and establish a federal task force to combat this growing threat.
⚠️ At a Senate subcommittee hearing, industry leaders warned that without stronger action, cargo theft will continue driving up costs and disrupting the supply chain.
🔍 Escalating Threats to the Supply Chain
According to Homeland Security Investigations (HSI), cargo fraud, hijacking, and cybercrime are surging, endangering businesses and increasing costs for consumers. The American Trucking Associations (ATA) reports that most thefts are committed by repeat offenders, yet only 10% of cases result in arrests.
💡 Criminals are using increasingly sophisticated tactics, including:
🚛 Cargo Hijacking – Stealing shipments in transit.
🆔 Identity Fraud – Impersonating legitimate carriers to secure loads.
🔄 Double Brokering – Fraudsters posing as brokers, disappearing with cargo and payments.
💻 Cyber Attacks – Hackers infiltrating logistics companies to manipulate shipments.
🔒 Traditional security measures are failing, leaving businesses exposed to growing losses.
📢 Industry Demands Immediate Action
The logistics sector is calling on Congress to increase law enforcement resources, crack down on repeat offenders, and improve cybersecurity protections. Industry leaders also urge the creation of a federal task force to coordinate investigations and enhance information sharing between businesses and authorities.
⏳ Without urgent action, cargo theft will continue to destabilize the supply chain, hurt businesses, and raise consumer prices. Congress must now decide whether to address this crisis before it worsens.
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