Cargo theft is a booming business for thieves. According to the FBI, it is a $35 billion to $40 billion problem in the U.S. The most stolen commodities—food and beverages—accounted for 22% of all cargo thefts in 2014, reports CargoNet, a theft database and information provider. The firm also notes that the average loss value of pharmaceuticals increased by more than 23% in 2014.
Cargo theft risk analysis firm FreightWatch International (FWI) recorded 794 cargo thefts in