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40% of loss prevention professionals report annual cargo theft losses topping $1M

A new survey of 150 U.S. loss and organized retail crime prevention professionals finds rising cargo theft concerns, multimillion-dollar losses and increasingly sophisticated tactics. The post 40% of loss prevention professionals report annual cargo theft losses topping $1M appeared first on FreightWaves .

40% of loss prevention professionals report annual cargo theft losses topping $1M

According to a SmartSense Cargo Theft Report, 40% of loss prevention professionals surveyed reported that their annual cargo theft losses exceed $1 million. An additional 28% indicated costs surpassed $2 million. The research polled 150 U.S.-based professionals specializing in loss prevention and organized retail crime. The threat of organized criminal tactics against supply chains is growing, according to the findings.

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