Skip to content
Search AI Powered

Latest Stories

Report: Lockdowns don’t stop cargo theft

More than $99 million worth of cargo was stolen from supply chains across Europe, the Middle East, and Africa in the first half of 2020, including millions of dollars’ worth of sought-after PPE in the early weeks of the Covid-19 pandemic, asset protection group report shows.

Lockdowns fail to stop cargo theft, report shows

More than $99 million (85 million euros) worth of cargo was stolen from supply chains across Europe, the Middle East, and Africa (EMEA) in the first half of 2020, according to a report from the Transported Asset Protection Association’s (TAPA) Incident Information Service (IIS), released Thursday. TAPA officials said the losses came despite Covid-19 lockdowns that restricted people and vehicle movements across the continents in the early weeks of the coronavirus pandemic.

The thefts included millions of dollars’ worth of Personal Protective Equipment (PPE) and other in-demand consumer goods, including groceries, cosmetics, and hygiene products, TAPA said. The group also said its intelligence indicates a strong presence of organized crime across the region, with groups “stealing to order” the in-demand items.


“It clearly takes more than a global pandemic to stop the activities of Organised Crime Groups,” Thorsten Neumann, president and CEO of TAPA EMEA, said in a statement announcing the mid-year report. “Anecdotal evidence also suggests an increase in cases of ‘stealing to order’ for goods in high demand during the early months of the pandemic. Our IIS database recorded a higher than usual number of incidents in which, for example, multiple vehicles in parking locations had their tarpaulin curtains slashed by thieves looking for products but no goods were taken in the attacks. This indicates offenders had very specific types of products in mind–and, almost certainly, black market customers already lined up to buy the goods.” 

TAPA’s IIS database recorded 3,728 incidents of cargo theft in the first 182 days of the year across the EMEA region. Nine product categories saw seven-figure losses for the six-month period: computers/laptops, pharmaceuticals, no load (theft of truck and/or trailer), tobacco, clothing and footwear, phones, food and drink, cosmetics and hygiene, and sports equipment. 

The PPE losses included two million face masks and other equipment stolen from a warehouse in northwest Spain. Valued at nearly $6 million (5 million euros), the incident was the biggest single loss of PPE during the first half of the year. Other incidents include millions of respiratory masks stolen from an aviation facility in Kenya in March; 500,000 face masks taken from a truck in France in May; and 200,000 face masks stolen from a truck at a highway service area in Spain, also in May. The data also show that 130,000 rolls of toilet paper were stolen from trailers in Walsall, in the United Kingdom, in mid-March.

The UK reported the highest number of major cargo losses in the first half of the year, followed by Germany.

TAPA officials said the results reinforce the already heightened focus on supply chain security during the pandemic.

“One of the outcomes of the Covid outbreak has been the global focus on supply chain resilience,”  Neumann said. “The level of cargo crime durig the lockdown will also focus the minds of companies to make their operations more secure.”

The Latest

More Stories

plane hauling air freight cargo

Global air cargo rates reached 2024 high point in November

Worldwide air cargo rates rose to a 2024 high in November of $2.76 per kilo, despite a slight (-2%) drop in flown tonnages compared with October, according to analysis by WorldACD Market data.

The healthy rate comes as demand and pricing both remain significantly above their already elevated levels last November, the Dutch firm said.

Keep ReadingShow less

Featured

containers stacked at a port

Supply chain execs wary of three trends in 2025, Moody’s says

Three issues ranking at top of mind for supply chain executives in 2025 will be supply chain restrictions, reputational risk, and quantifying risk exposure, according to Moody’s, a global integrated risk assessment firm.

Each of those points could have a stark impact on business operations, the firm said. First, supply chain restrictions will continue to drive up costs, following examples like European tariffs on Chinese autos and the U.S. plan to prevent Chinese software and hardware from entering cars in America.

Keep ReadingShow less
youngster checking shipping details on smartphone

Survey: older generations are unaware of holiday shipping deadlines

As holiday shoppers blitz through the final weeks of the winter peak shopping season, a survey from the postal and shipping solutions provider Stamps.com shows that 40% of U.S. consumers are unaware of holiday shipping deadlines, leaving them at risk of running into last-minute scrambles, higher shipping costs, and packages arriving late.

The survey also found a generational difference in holiday shipping deadline awareness, with 53% of Baby Boomers unaware of these cut-off dates, compared to just 32% of Millennials. Millennials are also more likely to prioritize guaranteed delivery, with 68% citing it as a key factor when choosing a shipping option this holiday season.

Keep ReadingShow less
shopper returning purchase with smartphone

E-commerce retailers brace for surge in returns

As shoppers prepare to receive—and send back—a surge of peak season e-commerce orders this month, returns will continue to pose a significant cost for the retail industry, with total returns projected to reach $890 billion in 2024, according to a report released today by the National Retail Federation (NRF) and Happy Returns, a UPS company.

Measured over the entire year of 2024, retailers estimate that 16.9% of their annual sales will be returned. But that total figure includes a spike of returns during the holidays; a separate NRF study found that for the 2024 winter holidays, retailers expect their return rate to be 17% higher, on average, than their annual return rate.

Keep ReadingShow less
screenshot of agentic AI for logistics

HappyRobot lands $15.6 million backing for its agentic AI

San Francisco startup HappyRobot has gained $15.6 million in venture funding for its AI platform that automates the communication needs of freight brokerages and other logistics users such as third-party logistics providers and warehouses.

The “series A” round was led by Andreessen Horowitz (a16z), with participation from Y Combinator and strategic industry investors, including RyderVentures. It follows an earlier, previously undisclosed, pre-seed round raised 1.5 years ago, that was backed by Array Ventures and other angel investors.

Keep ReadingShow less