Cargo theft is a common practice within the trucking sector that has a devastating effect on supply chains and costs businesses billions of dollars each year. It occurs when shipments are taken from trucks, warehouses, or docks. Thieves typically target expensive cargo such as electronics, drugs, or shopping goods, which pose major threats to fleets if they’re not well-secured.

According to the National Insurance Crime Bureau, container theft is common, especially in high-speed shipping ports and at the edges of a container. Thieves will prey on abandoned or parked trucks and poorly monitored storage units. It’s not uncommon for these crimes to occur on weekends and holidays when vehicles go unchecked for a long period. It is not just the theft of cargo that costs money. It can result in delays in delivery, higher insurance premiums, and harm to an enterprise’s reputation.

To combat cargo theft, fleet managers can invest in advanced tracking and monitoring solutions. TruckX offers tools like real-time GPS tracking, geofencing alerts, and asset monitoring to help fleets stay aware of their vehicles and cargo. These features allow managers to quickly detect unauthorized movements or breaches, enhancing security.

Using technology and best practices, fleets can mitigate theft risk and save assets. The rise in cargo theft calls for the need to have a solution like TruckX to keep your operations safer and more effective.