Cargo Theft - The Nightmare of Every Logistics Company

Logistics is the connectivity network that bridges the gap between supplier and manufacturer, manufacturer and retailer, and retailer and customer. Without logistics, every industry would eventually go down on its knees. With this sense of pressure for logistics to constantly deliver impeccable results, there is a corresponding threat of cargo theft that companies need to take into account. Cargo theft is nothing less than a nightmare to the logistics industry since one theft is all it takes to disrupt years of trust and customer loyalty the company has garnered through delivering exemplary service.


Shield your business against cargo theft by inculcating technology

Effect of Cargo Theft on Businesses

Cargo theft amounts to at least $30 billion worldwide. These numbers might be higher because thefts are underreported due to reduced insurance liabilities and to ensure the brand's reputation doesn't take a hit which might cause loss of business opportunities.

Apart from the theft, there are other added expenses that businesses have to bear due to cargo theft such as:

  • Additional cost required to bring the process back to the regular pace
  • Cost of replenishing the goods
  • Overhead labour cost due to interruption in the supply chain

Due to increased cargo theft, insurance companies have to bear more losses which is why companies have made their policies in such a way that they have to bear no or at the max minimum losses. A certain addition to trucking policy such as excluding location with the maximum probability of thefts or theft history, not covering insurance in cases where trucks are left unattended by truckers makes it much harder for the trucking companies.

Cargo Theft in India

Cargo theft continues to be the biggest troublemaker for the Indian logistics industry. According to a 2019 report, India accounted for 64% of Asia’s cargo theft. This is majorly due to the unorganised nature of Indian logistics and not prioritising logistics security

Cuttack Cargo Theft

Last April, the special task force of the crime branch busted a cargo theft racket in Cuttack by a gang that was prominently active in Telangana, West Bengal, Andhra Pradesh, Odisha, and Jharkhand. This gang was involved in stealing ferrochrome [a type of ferroalloy] and other expensive goods from the highway. The special task force strongly suspected that theft was carried out with the connivance of the driver. Only if the logistics authority had a secured fleet monitoring solution prior, the company would have saved itself from the hassle of cargo theft. Only after such incidents do most logistics companies understand the importance of having access to real-time fleets data.

Effect of Covid on Cargo Theft

As the Covid-19 pandemic hit India, the transport decreased due to the imposing of various restrictions. It also caused large numbers of transport vehicles to be left stranded in small towns and highways. These unattended fleets were easy targets for cargo theft gangs, as a result, there was a subsequent rise in cargo thefts during the pandemic.

How to Prevent Cargo Theft?

While it is impossible to predict the possibility of cargo theft, it's always possible to take measures that minimise the risk of encountering one.

  • Inculcating technology in logistics to increase transparency
  • Providing training to truckers to retaliate in case of emergency
  • Doing a proper background check while hiring to ensure no insider information is leaked
  • Devising protocols to reduce the risk of cargo theft

Shield your business against cargo theft by inculcating technology

With technological advancements, the process of securing logistics is becoming more streamlined. Logistics companies need to leverage the power of such innovations to secure their fleet and provide exceptional service to remain ahead in this competitive space. A GPS-enabled fleet monitoring solution is the best way to retaliate against this everincreasing cargo theft scenario.

CargoFL Trucker, an artificially driven transport software, is developed to streamline the process of trucking through its exemplary features. It helps businesses access real-time fleet data, thereby adding a layer of reinforcement to logistics. The software’s features like eWay Bills generation, e-Invoice deployment, and fuel management make the trucking experience more seamless for truckers and the businesses as well. Know more about it on