Cargo Theft: A Serious Risk

Cargo Theft: A Serious Risk

Driving a commercial truck has many inherent risks, such as the potential for mechanical failures or the dangers of driving in bad weather. Unfortunately, truckers also have to face risks that should not be part of the job. One of these hazards is cargo theft – a problem that has increased sharply in the past year, potentially due to the slow economy.

If you own a freight hauling company, there are steps you can take to reduce your chances of being targeted by a thief. There are also methods you can use to improve your business’s cash inflow and organize your finances. To learn more about trucking factoring, call TBS Factoring Services, LLC at 1-800-207-7661.

Protecting Your Cargo

According to federal investigators, truck cargo thieves often work in organized teams. By working together, they can unload an entire commercial truck, usually while the driver is away taking a shower, resting, or eating a meal. Preventing these thefts can be difficult, as these teams often have “specialists” who know how to get around sophisticated security systems.

Some theft-prevention advice that police officers and security experts have offered include:

  • Maintain clear communication along the supply chain, from the cargo’s distributer to its purchaser. When everyone knows what cargo is being shipped, and along which route, it is easier to keep track of it and respond efficiently to theft or other emergencies. In addition, truckers should report anything suspicious to their dispatchers so law enforcement can be contacted if necessary.
  • When possible, drive with a partner or alongside another truck. This way, one person can always stay with the cargo when the other needs to rest or eat. When a driver needs to travel alone, he or she should make an effort to only pull in at stops where other drivers or employees are present.
  • Stay educated. Information about security options, commonly stolen cargo, and high-risk areas can all help truckers take the necessary steps to protect themselves and their vehicles.

Unfortunately, even when correct precautions are taken, a truck break-in can occur. The consequences of this commonplace crime must be shared by truckers, their employers, and consumers alike.

Contact a Trucking Factor

The freight factoring agents of TBS Factoring Services, LLC understand the unique challenges of maintaining a trucking business. To discuss truck factoring and how it can help your business, contact us at 1-800-207-7661.