Rising inflation driving food supply chain robberies
Now accounting for a third of all hijacking incidents, food is the commodity most at ...
Q1 24 saw the continuation of a dark trend: growth in the logistics arena being eclipsed by rising crime.
In the US, cargo theft rose 10% over the final quarter last year, at a figure 43% higher than in Q1 23.
Freight security firm CargoNet registered 925 reported incidents in Q1, which resulted in losses of $76m – an average shipment loss of $282,000.
And these are only the cargo thefts that were reported: CargoNet ...
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