Holiday weekends increase risks of cargo theft in the U.S.

SensiGuard reminds logistics and security professionals that holiday weekends are notorious for presenting increased cargo theft risks for transportation companies, shippers, and manufacturers.

Organized cargo theft rings will be extremely active in the coming days, as more shipments are left unattended for extended periods of time due to the long holiday weekend.

This year July 4th falls on a Tuesday, meaning that many facilities may be closed on Monday the 3rd, extending the weekend and resulting in longer stage times and lower security staffing.

In 2015-2016, the SensiGuard Supply Chain Intelligence Center (SCIC) recorded an average loss value over the July 4th weekend of $365,453, which is 120% higher than the average loss value over the last two calendar years.

SensiGuard recommends that logistics and security professionals ensure that security protocols are up-to-date and in line with industry best practices for both in-transit and warehouse operations, as both will be heavily targeted over the long holiday weekend.

Source: SensiGuard

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