A New York man has been arrested and charged for allegedly conspiring to use hacked email accounts of legitimate truck-load carriers to book cargo with shippers and selling the items for illicit profit. Forbes was arrested on Feb. 5 in Long Island, N.Y. and will make his initial appearance in the Eastern District of New […]
Man Charged in Organized Cargo Theft of Snow Crab, Blueberries, Cologne Read More »
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith Lewis, vice president of operations at Verisk CargoNet. Criminal selection often aligns with strong resale demand and price volatility, elevating
Holiday Cargo Theft Events Up 82% Since 2020 Read More »
Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS MD-11 cargo jet crashed immediately after taking off in Louisville, Kentucky, on November 4, killing 14 people. Crash investigators with the National Transportation Safety
Victims’ Families to Sue for Wrongful Death Over UPS Cargo Jet Crash Read More »
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An oil tanker that was seized by Iranian forces last week has been freed but without its cargo, the vessel’s manager said. The crew of the Talara, which was captured on Friday, are safe and in good spirits, Columbia Shipmanagement said in a statement. The ship, which had been carrying high-sulfur gasoil when it was
Oil Tanker Seized by Iran Is Released With Cargo Missing Read More »
A grandfather and his young granddaughter. An electrician with two young children. A woman standing in line at a scrap metal business. They were among the 14 people who died in the fiery crash of a UPS plane in Louisville last week. Their names were released Wednesday as Mayor Craig Greenberg lamented the lives that
All 14 Victims Identified in UPS Cargo Plane Crash in Louisville Read More »
Hackers are infiltrating trucking and freight companies in a scheme to steal and sell cargo shipments, a growing campaign that could end up costing companies and consumers billions of dollars, according to new cybersecurity research. Sunnyvale, California-based Proofpoint Inc. said it has “high confidence” that the hackers are working with organized crime groups to pull
Hackers and Crime Rings Are Teaming Up to Steal Cargo, Cyber Firm Says Read More »
Cargo theft losses are also driving up costs for truckers. According to data from Verisk CargoNet, cargo theft surged 27% in 2024. The National Insurance Crime Bureau predicts a further 22% increase in 2025, driven by criminal profitability, advanced technology implementation, and geopolitical tensions. Logistics service providers are now seeing nearly an average of $2
New Cargo Theft Tactics Driving Claims Read More »
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Dual Europe enters cargo market Read More »
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Daily Digest: CFC warns on US cyber rates, Cargo rates plunge, UK’s regulatory evolution Read More »