Navigating the Surge in Cargo Theft with BoxLock: Strategies for 2023 and Beyond

Introduction

Cargo theft is an escalating concern, with a 57% year-over-year increase in 2023 alone. As the landscape of cargo theft evolves, so must the strategies to mitigate it. Below outlines the current trends in cargo theft and how BoxLock's Supply Chain Access Control Platform can be a game-changer in securing your assets.

The Rise in Cargo Theft

Unprecedented Trends
According to CargoNet's 2023 second quarter supply chain risk trends analysis, cargo theft has seen a 57% year-over-year increase. The average shipment value per event has also increased by nearly $100,000. The most alarming trend is the 1,220% increase in strategic cargo theft, a sophisticated form of theft involving identity deception and fraudulent pickups.

Hotspots and Target Commodities

Traditional hotspots like California, Texas, and Illinois continue to be high-risk areas, but new regions are emerging as well. Food and beverages remain the most targeted commodities, followed by electronics and household goods.

The Sophistication of Modern Cargo Theft

The Use of Legitimate Trucking Companies

One of the most insidious methods of cargo theft involves the use of legitimate trucking companies who may be completely unaware that they are participating in a theft. Criminals often use identity deception and fraudulent documentation to pose as legitimate carriers or shippers. They may hack into a trucking company's systems or use phishing techniques to gain access to shipment information and routing details.

Once they have this information, they reroute the cargo to a different location where it can be offloaded and "washed." The legitimate trucking company, often unaware of the deception, may even assist in the transportation, believing they are conducting a routine shipment.

Cargo Washing: The Art of Making Stolen Goods Untraceable

"Cargo washing" is a term used to describe the process of making stolen goods untraceable. Once the cargo has been rerouted and offloaded, it is often repackaged, relabeled, and sometimes even altered in appearance to remove any identifying marks or tracking devices. This makes it extremely difficult for law enforcement to trace the stolen goods back to the original theft.

The washed cargo is then sold through various channels, often online marketplaces or through brokers who may not be aware that they are dealing with stolen goods. By the time the theft is discovered, the cargo has often been sold and resold multiple times, making recovery nearly impossible.

How BoxLock Can Help

BoxLock's Smart Locks

BoxLock's patented rugged smart locks with integrated barcode scanners and real-time connectivity offer a robust layer of security. These locks can be easily integrated into existing supply chain systems, providing an extra layer of protection against unauthorized access.

BoxLock Control Web-Based Software

Our web-based software includes a suite of access control, audit logs, and inventory management tools. This allows for real-time monitoring and control over who has access to your cargo, when, and where, thereby reducing the risk of theft.

Comprehensive APIs and Integrations

BoxLock offers a comprehensive set of secure APIs, real-time notifications, and SDKs that integrate seamlessly into administrative, materials management, and enterprise solutions. We also have integrations with leading platforms like Zapier, Hilti ON!Track, and UPS Quantumview, making it easier than ever to keep your assets secure.

Strategies to Mitigate Risks

For Warehouses and Cross-Docks

1. Control of Ingress and Egress: Utilize access control to ensure that only authorized personnel have access to your facilities.

2. Hard Locking Devices: Use high-security smart locks on landing gears and rear doors to immobilize trailers.

3. Technology: Leverage real-time monitoring and tracking capabilities for immediate alerts and evidence collection.

For Drivers

1. Red Zone Strategy: Ensure drivers can drive 150-200 miles without stopping after picking up a load.

2. Secure Parking: Identify and use well-lit and secure parking lots.

3. Use of Locks and Tracking: Employ BoxLock's smart locks, tracking features and Alarm Mode to secure cargo and the vehicle.

Networking and Information Sharing

Join organizations like The Transported Asset Protection Association (TAPA) for up-to-date information and networking opportunities. Follow BoxLock on LinkedIn for the latest information on the Industry’s Leading Supply Chain Access Control Platform.

Conclusion

The surge in cargo theft calls for a multi-layered, technology-driven approach to security. BoxLock's Supply Chain Access Control Platform offers a comprehensive solution to adapt to the changing landscape. By implementing robust procedures, utilizing advanced locking mechanisms, and leveraging real-time monitoring, companies can better prepare for and respond to the evolving threats in cargo theft.

Resources

2023 Second Quarter Supply Chain Risk Trends Analysis