How cargo thieves are infiltrating U.S. supply chains
This news summary covers various financial topics such as credit cards, loans, banking, mortgages, insurance, credit monitoring, personal finance, small business, taxes, and help for low credit scores. It provides recommendations for the best options within each category, such as the best credit cards, loans, savings accounts, and tax software. The summary also mentions investing options like IRA accounts and mutual funds. It concludes with information on how to contact CNBC for news tips and free newsletters.
Source: Link
Frequently Asked Questions
FAQ: How Are Cargo Thieves Infiltrating U.S. Supply Chains?
Q: What methods are cargo thieves using to infiltrate U.S. supply chains?
A: Cargo thieves are employing strategic tactics such as identity theft and internet-based fraud to infiltrate the supply chains. They gain access to shipments by posing as legitimate entities and then proceed to carry out their thefts.
Q: Has there been a significant increase in cargo theft recently?
A: Yes, according to new data from CargoNet, cargo theft has seen a significant surge, with an increase of 57% in 2023 compared to 2022.
Q: What can companies do to prevent such infiltrations and thefts?
A: Companies can invest in supply chain risk management solutions, improve security protocols, and remain vigilant about identity verification processes to help prevent infiltrations and cargo thefts.
Q: Are there any specific types of cargo more vulnerable to theft?
A: Although all types of cargo can be vulnerable, the thefts from containers/trailers have surged, and in the U.S., food and beverage cargo thefts are notably high, ranking second only to other types of thefts.
Q: Where can I find more information or watch a video about cargo theft in U.S. supply chains?
A: You can find detailed information and a video on CNBC's YouTube channel, which explains how thieves are infiltrating U.S. supply chains and what measures can be taken to prevent these hidden heists and identity thefts.
For further details and an in-depth understanding, you can refer to the various links provided above from sources such as CNBC and other related sites.