The most dangerous part of the supply chain is ‘in-transit’, with trucks the most vulnerable mode of transport, according to the second annual ‘BSI and TT Club Cargo Theft Report’.
The data compiled in the report show that the proportion of cargo thefts taking place ‘in-transit’ has increased from 29% in 2018 to 37% in 2019, with ‘rest area’ and ‘warehouse’ far behind on 16% and 14% respectively.
Those statistics also show that 87% of call cargo stolen ‘in-transit’ is so from trucks, up from 84% in 2018.
South America has highest median theft value of $100,000, with North America on $80,000, Middle Ease on $33, Europe on $26,000 and Asia on $11,000.
The commodities most likely to be stolen are food beverage, which had the biggest share of thefts at 28%, ahead of electronics on 13% and alcohol and tobacco on 10%.
TT Club’s Mike Yarwood commented: “Thefts either of, or from road vehicles most frequently occurred while in transit, in rest areas or an unsecured parking location.
“These accounted for 60% of those thefts reported. We are particularly keen to draw attention to the dangers of such informal parking and encourage the provision of more secured truck stop facilities.”
Port Technology International (PTI) reported on the first ‘BSI and TT Club Cargo Theft Report’ in 2018.
To read the full 2019 report, click here.