CargoNet, a Verisk business and leader in cargo theft prevention and recovery, today issued an urgent advisory to the logistics industry, warning of an increased risk of cargo theft during the upcoming July 4th holiday week as extended business closures can create an advantageous operating environment for cargo thieves.
Based on an analysis of 174 thefts that occurred between July 1 and July 7 over the past five years, CargoNet has identified several key trends:
"Cargo thieves are well aware that extended holiday closures work to their advantage," said Keith Lewis, vice president of operations at CargoNet "With theft activity already surpassing 2023's record highs, we urge the industry to remain vigilant throughout the holiday weekend."
Noteworthy thefts from previous July 4th holidays
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