Frank Costa, President Nexgen Protection Services –

Organized retail crime (ORC) has been the buzzword in the retail loss prevention world for well over the past decade. During that time, the lack of support from the criminal justice system has certainly negated most of those efforts.

Criminals will establish fake trucking and brokerage companies with the sole intention of stealing cargo. They go through the same process as legitimate carrier information, registration, obtaining insurance, and operating authority. These companies then start completing legitimate jobs to establish a history of work performed. Once established, the thieves target high-value loads within their customer network to steal.

Insist on placing disposable GPS trackers inside your high-value loads. These cost-effective devices eliminate reverse logistics and device management while providing complete visibility of your freight, in real-time, from anywhere around the world. If and when a theft were to occur, you could follow the load in real-time from your phone to assist law enforcement in finding its exact location.

As of now, there is no silver bullet that will stop these thefts from occurring. But understanding the problem, training your staff, and installing protective measures will certainly act as a shield to help fend off these criminals.

SOURCE:

Tabor, J. Strategic Cargo Theft: What It Is, How It Started, and What You Can Do to Stop It, Loss Prevention Magazine, 10/01/2024.
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