This is the time of year when everyone in the logistics industry should be on the lookout for heightened cargo-theft activity. Historically speaking, holidays have been prime time for thieves to hone their skills and get away with as much plunder as possible. This year, because of COVID-19, cases of cargo theft are increasing.
Why have cargo thefts increased?
Part of the reason is sheer volume. Freight volumes for durable goods have hit an all-time high in 2020, with significant fluctuations in the marketplace. Volumes and capacity have unexpectedly surged from one quarter to the next, echoing the increases in COVID-19 cases. Consumer behaviors such as overstocking on paper goods and online shopping have resulted in a hectic logistics industry with tight capacity and high rates. For truck robbers, this unexpected freight boom has created opportunity by putting tons of goods on the road, and at risk.