In the storyline of every Memorial Day, the thieves will be out of the nutshell and probing the opportunity of sharing their contraband during the first of the three summer Holiday weekends. The hibernation mode is all set to get over.If the sources acquired by cargo security research and consultancy CargoNet are held accountable, the gang placebo group will have to stay engaged to match their prolepsis over the summer Holiday weeks arising over Memorial Day.
Cargo theft has been on a hoist curve ever since the notion has emerged and reports claim that around 35% spike in levels was observed in 2019 alone. According to the CargoNet data, the total estimated worth of the stolen goods over the past two years has crossed the $1 million mark. The pondering factor across the thefts has been the sector opted. High-value and mobilized electronics have been the prima focus, whereas the reports claim that televisions have seen a sizable chunk of money.
The pent-up demand for computer electronics and higher prices due to elevated tariffs and component shortages make it an eye-catching stock trade for thieves. But little do we know about the potency of these attacks.
CargoNet’s manager said that the firm remains highly concerned about large-scale pilferage of consumer electronics in California in the next coming months. If the trends continue to follow, the figure could be breaking all the records this time around. Since 2016, 143 cases have reported over the Memorial Day summer Holiday weekend in the US, which averages 28 cases per year.Although the projected figure of cargo deficit has indicated less volume of thefts in the US Commerce, the threat is far from over with the upcoming two months being critical.