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Cargo theft on the up, reports TAPA

Cargo worth more than €80m was stolen from supply chains in the Europe, Middle East & Africa (EMEA) region in the first nine months of 2019, according to the latest data from the Transported Asset Protection Association’s (TAPA) Incident Information Service (IIS).

Cargo thefts were recorded from all modes of transport, via road, air, ocean and rail services, averaging a loss of €293,000 every single day of the year.

More global brands are joining TAPA to boost the resilience of their supply chains. Already this year, 65 more companies have joined the Association to access TAPA’s cargo crime intelligence database, industry standards for facilities, trucking and secure parking, training and networking opportunities. This includes manufacturers in the pharmaceutical, food & drink, fashion & retail, and cosmetics & hygiene sectors, as well as multinational and leading SME logistics providers.

Thorsten Neumann, President & CEO of TAPA EMEA, said: “Our membership is at its highest-ever level because cargo crime is also at its highest-ever level. More and more Manufacturers and Logistics Service Providers now understand the growing level of risks their supply chains are facing. They recognise the importance of keeping their high value, theft targeted goods secure as well as the broad range of financial and reputational consequences which result from cargo crime.

“We are helping companies to understand the geographic areas where cargo thieves are most active, the locations they target, the modus operandi they are using, and the goods most at risk. We can also help them adopt industry standards to make their facilities and trucking operations more secure and give them access to our growing database of secure truck parking places. With the launch of our latest Security Standards in 2020, we will help to ensure our members’ supply chains are more resilient than ever before.”

Despite such high value losses, TAPA EMEA continues to reiterate that the majority of cargo crimes are still not reported to its IIS database and that losses in Europe alone are estimated to now be costing businesses billions of euros a year. France and the Netherlands recorded the highest number of crimes in the Association’s IIS database.

The most recorded types of incidents reported in the third quarter of 2019 emphasised that over 85% of goods moving in supply chains are now targeted by thieves when they are onboard trucks rather than when stored in facilities, with vehicles continuing to be seen as the ‘weakest link’ in the chain. The lack of secure parking places for trucks in the EMEA region remained one of the biggest causes of product losses.

Read the full report here.