Written by: The Deerfield Team
Cargo Theft is a common crime; a crime of opportunity. Cargo goods are easy to access and abundant across the country. Statistics estimate that cargo theft cost the shipping industry about $25 billion a year.
Cargo theft happens frequently in terminals, truck stops, warehouses, parking lots, and most commonly in trucks parked on the street. This is a problem that occurs all around the country.
To minimize Cargo theft we recommend these Prevention Procedures:
Get to know your drivers before hiring by performing a pre-employment screening.
Make sure your units are equipped with an alarm system and locked completely.
Make sure your routes are done with a minimum of stops and don’t leave your vehicle unattended in an unsecured area at any time.
If you use subcontractors you need to obtain as much information about the company and driver as possible.
Secure all trailers or containers making sure they are seal/locked correctly and against a wall.
Yards or Parking Lots:
Ensure adequate lightning, fences and security cameras and guards are provided to prevent unauthorized vehicles from entering the location.
As always, we are here to help you any way we can. Please don’t hesitate to call or email if you need us.
The Deerfield Team
This article is intended only as a general discussion of these issues & we cannot guarantee the accuracy thereof. It does not purport to provide legal, accounting, or other professional advice. If such advice is needed, please consult with your attorney, accountant, or other qualified adviser. The Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Accordingly, the information provided herein is provided with the understanding that Deerfield Advisors is not engaged in rendering legal advice. Deerfield Advisors strongly advises that clients and/or the reader of this publication contact an attorney to obtain advice with respect to any particular issue or problem discussed here. Also, please know that discussions of insurance policy language is descriptive only. We strongly advise that one’s individual policy & one’s advisor be consulted regarding this subject matter before any action is taken in any way. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. The Deerfield Advisor White Paper Series is a registered trademark of Deerfield Asset Management Inc. DBA, Deerfield Advisors and is produced by Deerfield Advisors for the benefit of its clients, and any other use is strictly prohibited. All rights reserved. Copyright © 2016