Cargo theft incidents have surged by 27% in 2024, surpassing $1 billion, with projections indicating a further 22% increase in 2025 and potential annual losses reaching $35 billion. To combat this issue, carriers are employing various strategies, including advanced technology and AI. Companies like Werner Enterprises utilize AI for thorough vetting of carriers to mitigate risks before theft occurs and leverage surveillance tech to track stolen loads post-theft. Additionally, integrating electronic logging devices helps ensure timely and accurate deliveries while maintaining data security.
Source: https://www.supplychaindive.com/news/werner-enterprises-ai-technology-tackle-cargo-theft/759766/