Cargo Crime in EMEA Costs €120m a Year

(eyefortransport)

Members and associates of the Transported Asset Protection Association (TAPA) reported 3,873 cargo crimes in Europe, the Middle East & Africa (EMEA) in 2009, costing manufacturers and logistics service providers’ losses of €120 million.

In terms of categories, there were increases in incidents of theft from facility and hijacking, but fewer incidents of theft from vehicle, theft of vehicle, robbery, theft and fraud.

Commodities such as tobacco products, non-electronic, sports goods and ‘supplies’ all saw a higher level of losses in 2009 compared with 2008, but there was an encouraging downward trend in other areas, including metal, laptops/PDAs, mobile phones, pharmaceutical and medical products and computer software. Read more here.