Cargo theft targeting freight trucks on the road has long been a concerning issue for freight companies.

While theft numbers may have decreased in recent years, the rising prevalence of e-commerce and valuable electronics has introduced new threats to the trucking industry. Drivers can find themselves in a vulnerable situation: parking their trucks at a stop, taking a rest break, and returning to discover their cargo missing.

CargoNet, which tracks self-reported thefts, said there were 566 incidents in the U.S. and 16 in Canada in the second quarter, a 57% year-over-year increase compared to 2022. These incidents cumulatively accounted for losses totaling $44 million in the second quarter of 2023. In 2022, there were 1,778 supply chain risk events across the United States and Canada, an increase of 15% from 2021.

To mitigate these risks, it's crucial to understand how cargo theft occurs and implement preventive measures. Here are some effective strategies:

Understand the Modus Operandi of Cargo Theft

Understanding how cargo theft transpires is the first step in preventing it. New regulations, such as Electronic Logging Devices (ELDs), necessitate more frequent stops for truck drivers, creating additional opportunities for theft during breaks. Drivers can take proactive steps to protect their cargo, such as securing their vehicles and being vigilant. Additionally, recognizing which types of cargo are commonly targeted, such as pharmaceuticals, food, and electronics, can inform preventive measures.

Cultivate Awareness of Surroundings

Freight companies should provide training to their personnel to prevent cargo theft and respond effectively if theft occurs. Fostering a culture of education and security awareness is essential within the organization. All employees should be well-versed in cargo theft prevention and hijacking protocols.

Drivers, in particular, should maintain situational awareness when parked at rest stops or truck stops. They should be vigilant about their surroundings and inquire about on-site security measures, including surveillance cameras and security personnel. Ensuring that their trucks are within the view of cameras can be crucial, as recorded footage may aid in identifying thieves or capturing license plate information.

Invest in Comprehensive Truck Cargo Insurance

Comprehensive motor truck cargo insurance offers a holistic approach to safeguarding goods, drivers, and the trucks themselves in the event of theft. In the aftermath of a theft, having motor truck cargo insurance in place provides financial relief and restoration. It alleviates the financial burden associated with cargo losses, ensuring the business can recover and continue operations.

At LuckyTruck, we can help you get comprehensive coverage to protect you from theft - GET A QUOTE TODAY.

Leverage Technology

Modern technology provides valuable tools for cargo theft prevention. GPS tracking devices and security seals have become more affordable and accessible. GPS trackers can be deployed on both the vehicle and trailer, as well as within the cargo. In the unfortunate event of theft, these devices increase the chances of recovering stolen items and identifying culprits.

Technology can enhance communication between drivers and company security personnel. Employing technology to monitor cargo left unattended for extended periods can provide early warnings and enable swift responses. Various resources are available to bolster truck and trailer security, leveraging technology to protect assets.

Conclusion

Preventing cargo theft at truck stops is a multifaceted endeavor that involves proactive measures, security awareness, and leveraging technology. By comprehensively addressing this issue, freight companies can minimize the risks associated with cargo theft and safeguard their drivers, assets, and valuable cargo.

At LuckyTruck, our expert brokers in insurance and our cutting-edge digital app can steer you to reliable insurance solution for all your insurance needs - GET A QUOTE TODAY.