BY THE NUMBERS: Copper is Cargo Theft King
For decades, cargo criminals followed a familiar playbook: steal consumer electronics, cigarettes, pharmaceuticals or luxury goods. These products were easy to fence and commanded healthy profits. But according to the latest BSI Consulting and TT Club 2025 Cargo Theft Report, the economics of cargo theft are changing rapidly—and nowhere is that more evident than copper. The report reads less like a crime summary and more like a lesson in commodity markets. Criminal organizations are no longer simply stealing what is valuable today…
IUMI, TAPA Warn of Escalating Cargo Theft and Freight Fraud
An alarming rise in cargo theft and freight fraud across global supply chains is being highlighted by the International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association (TAPA) EMEA, with incidents escalating across Europe, the Americas and Africa. Latin America and several African nations are experiencing particularly severe and violent attacks.According to TAPA’s intelligence system, nearly 160,000 cargo-related crimes were recorded across 129 countries between 2022 and 2024…
