#asset-protection
(9 articles)$1M Trading Cards Stolen from FedEx Truck in Santa Ana
A FedEx delivery truck in Santa Ana, California lost approximately $1 million in collectible trading cards during what investigators believe was a targeted theft. The driver discovered the loss on Oct
R&R Trucking CEO Files $12.7M Assets in Bankruptcy After January Collapse
Richard Francis, CEO of the collapsed R&R Family of Companies, has disclosed $12.7 million in personal assets against $7.5 million in liabilities in a Chapter 11 bankruptcy filing. The largest asset i
Cargo Theft Costs Exceed $1M Annually for 40% of US Companies
A comprehensive survey of 150 U.S.-based loss prevention and organized retail crime professionals reveals an escalating cargo theft crisis that demands immediate strategic response. Forty percent of s
Cargo Theft Evolves: New Fraud Tactics Threaten Supply Chains
Cargo theft represents a growing and sophisticated threat to global supply chains, with criminals employing increasingly complex fraud tactics beyond traditional hijacking. The article highlights how
Major Cargo Theft Ring Sentenced: $1.5M Philadelphia Heist
A coordinated cargo theft ring operating in the Philadelphia region from January through July 2023 targeted parked tractor-trailers, stealing over $1.5 million in merchandise including frozen seafood,
Cargo Theft Rising: How Logistics Firms Can Protect Shipments
Cargo theft represents a growing operational and financial risk for freight and logistics operators globally. The Lockton analysis highlights how organized theft, opportunistic pilferage, and supply c
Police Recover $800K in Stolen Computer Equipment and Trailers
Peel Regional Police in Brampton, Ontario recovered nearly $800,000 in stolen assets during an investigation that began as a missing-trailer case but uncovered multiple unrelated thefts. The recovery
Cargo Theft Acceleration: Are Your Security Measures Keeping Pace?
Cargo theft represents an escalating threat to supply chain operations across North America and globally, with criminal organizations exploiting routine vulnerabilities in securement practices and ope
Multi-year truck theft ring busted: $1M recovery across Carolinas
Law enforcement agencies across South Carolina and North Carolina have dismantled a significant commercial vehicle theft operation, recovering 13 semi-trucks, three trailers, and two motor vehicles wo