PUBLISHER: Container News (www.container-news.com)
America’s two largest ports have witnessed an unprecedented rise in cargo theft cases in the backdrop of a record backlog of container vessels in the San Pedro Bay. Cargo theft worth US$5 million has been recorded along the US West coast, that too in just the third quarter of 2021.
The data cited by CargoNet, a cargo theft recovery and prevention network, shows a 42% rise in cargo theft cases in comparison to the same quarter of last year.
The company revealed that cargo worth US$45 million, especially computer electronics and refrigerated food cargo, had been stolen during the first nine months of 2021 against a total of US$68 million throughout 2020.