Because July 4 falls on a Wednesday this year, cargo theft recording firm SensiGuard says there is a chance that shippers and receivers will also be closed on Tuesday, July 3, and/or Thursday, July 5.
The firm says organized cargo theft rings will be looking for unattended loads during the holiday period. During the July 4 holiday periods between 2013 and 2017, SensiGuard recorded more than three thefts per day with an average loss value of $207,570 – a theft rate 38 percent higher and average loss value 20 percent higher than thefts throughout the rest of the year.
Scott Cornell, transportation business lead and crime and theft specialist for Travelers Insurance, says the majority of cargo thefts that occur during holiday periods happen on the first day a load is parked because it gives the thieves a longer timeframe to go unnoticed. With the upcoming holiday is in the middle of the week, Cornell says he hopes theft activity will be reduced.
“Unless people are taking Monday and Tuesday or Thursday and Friday off as well, we should see lower numbers than if the holiday fell on a weekend,” Cornell says. “It’s hard to predict with it being in the dead center of the week. We suggest always practicing the same diligence as every other holiday period.”
Drivers hauling food and beverage commodities should consider taking extra precautions as those have been the most-stolen commodities for the last eight years, Cornell says.
“Thieves target what they know they can sell, and with food and beverages, the evidence disappears quickly because it is consumed,” he adds. “These items aren’t as traceable as electronics. There’s no serial number on a pistachio.”