US truckers: beware of cargo theft during July 4 celebrations
US truckers are facing urgent warnings of heightened theft across 4 July week, as insurance ...
PLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGSBA: NEW HIGH AMZN: STRENGTHENING AI TIESBA: FLYING HIGHUPS: NEVER CHEAP ENOUGHAAPL: 'DEPTH'AAPL: KEY EXEC CHANGEAMZN: HAPPY DAYS FOR THE GROOM
PLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGSBA: NEW HIGH AMZN: STRENGTHENING AI TIESBA: FLYING HIGHUPS: NEVER CHEAP ENOUGHAAPL: 'DEPTH'AAPL: KEY EXEC CHANGEAMZN: HAPPY DAYS FOR THE GROOM
“Dozens of motor carriers in the Chicagoland area have been holding loads of cargo hostage, demanding what are effectively ransom payments,” Ryan Petersen, CEO of Flexport, said on X last week. He added that these gangs had been active each summer since 2021, with fraud reported on some 170 shipments. Mr Petersen called on the freight industry to boost security measures, saying that the situation is “insane”. Chicago City Wire reports.
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