Cargo Theft Rates Continues Growth To Record Highs

April 28, 2011. Austin, TX – FreightWatch International, the leading Global logistics security solutions provider, announces publication of a special report covering five years of cargo theft data and analysis.

With the development of FreightWatch’s proprietary cargo theft database, FreightWatch has assesses trends and anomalies that transcend the boundaries of short-term reports and provide industry professionals with a much broader picture of this ever-changing criminal enterprise.

“The ability to analyze theft trends over a longer timeline allows industry professionals to better understand the risk they face and provide a predictive model for determining future threats,” said Barry Conlon, CEO of FreightWatch. “This detailed information is a powerful tool for security and business decision making processes throughout the manufacturing and logistics industries.”

While the rate of cargo theft has grown every year since FreightWatch began collecting data in 2006, specific industries have seen fluctuations in both rates of theft and average loss values. Cargo theft in the United States is analyzed in the Five Year Review special report and includes: theft rates over a variety of denominators such as month, state and product type, most common locations for thefts, areas with the highest risk, and more.

For a copy of the report, contact Dan Burges at dan.burges@freightwatchintl.com.

FreightWatch International (www.freightwatchintl.com) offers an array of customized logistics security solutions designed to prevent cargo theft at every point in the supply chain. FreightWatch International services include electronic freight security, 24/7 monitoring, security escorts, cargo assessments and intelligence, and end-to-end logistics security solutions. With these solutions, FreightWatch prevents logistics thefts and losses, ensures time-to-market, and protects corporate brands, proactively preventing the loss of high-value, at-risk products through theft or damage.