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February 8-15 cargo theft reporting summary

February 8-15 cargo theft incidents continue to rise Cargo theft is trending upwards again this week, with eighteen domestic incidents registered, which is three more than the week prior. Every day had at least one event reported, but the majority of thefts occurred on Thursday and Friday, the ninth and tenth. Nine more incidents from the week of January 31st through February 7th were received by CargoNet, the industry authority

Growing e-commerce demand is directly impacting 3PL providers

The e-commerce market is booming and traditional retailers are adopting new business models to accommodate the growth. In the past four quarters, the U.S. Commerce Department has reported that retail e-commerce sales have outperformed the previous year’s numbers by more than 15%. In comparison, retail sales during the same period rose just over two percent. In a recent article from truckinginfo.com, it was reported that “UPS projects that business-to-consumer parcels will

On-highway Diesel Fuel Prices Feb. 13

Diesel fuel prices Feb. 13 are up slightly, but still even Diesel prices rose around the nation, putting an end to a four-week streak of steadily dropping costs. With a less than a cent increase, this week’s numbers at the pump stayed on trend with the relatively flat rates of early 2017. The national average of on-highway diesel fuel prices Feb. 13 climbed to $2.565, up seven-tenths of a cent from last

Violence escalates during February 1-7 cargo theft events

February 1-7 cargo theft incidents on the rise Cargo theft more than doubled with fifteen domestic incidents registered from the week of February first through the seventh. While nearly every day had at least on event reported, most thefts occurred on Wednesday and Thursday, the first and second. One additional event from January 31st was received by CargoNet, the industry authority in cargo theft prevention and recovery. As cargo theft trended

2016 cargo theft incidents down from the year prior, but more costly

Food and beverage, tractors, and California highly targeted in 2016 cargo theft events In 2016, there were 836 cargo theft incidents recorded by CargoNet, the industry leader in cargo theft prevention and recovery efforts. In the United States and Canada, $114 million in stolen freight was reported. While the number of incidents recorded were down from 906 cases in 2015, the total loss value was up from the previous year’s $100.5

Diesel fuel prices down, but only slightly

Diesel fuel prices down for fourth week in a row Truckers continue to find relief at the pump as diesel prices keep going down. Even though the decline was relatively slight, the February 6th report from the Energy Information Administration (EIA), marks the fourth week in a row that diesel fuel prices declined. The national average of on-highway diesel fuel prices fell to $2.558, down four-tenths of a cent from last week. Fuel

Cargo theft reporting during January 25-31

Cargo theft reporting during January 25-31 was down significantly from the week prior After last week’s record high numbers for 2017, which saw documented thefts rise to almost three times more than the week before, cargo theft plummeted by eleven incidents. Only seven events occurred this week, and all of the thefts happened over the weekend. Four additional events from the week of January 17-24 were received by CargoNet, the industry authority

What 3PL companies can offer shippers beyond standard carriers

When it comes to making the choice between working with a 3PL or directly with a carrier, the question is -- How much time and capacity does your business have to devote to logistics? Hiring a carrier means dealing another vendor, which involves getting quotes, handling paperwork, and overseeing the shipping process in-house. When you work with a 3PL, you gain a partner with the expertise and resources to manage your complete

January diesel fuel prices stay stable

This week and during the rest of January, diesel fuel prices remain even After enduring a steady increase at the pump that saw prices rise nearly twelve cents in the last weeks of 2016, January diesel fuel prices remained steady, only fluxing 2.4 cents. Down for the third week in a row, but only seven tenths of a cent, the national average of on-highway diesel fuel prices fell to $2.562. Prices are still

Domestic cargo theft reporting nearly triples this week

Cargo theft reporting reveals the most incidents recorded in 2017 This week in cargo theft reporting produced the highest number of events to date in the new year. At least two thefts occurred per day, with the majority happening on Sunday the 22nd and Monday the 23rd. Eighteen incidents were recorded from January 18-24, up an astonishing eleven from last week. Eight extra events from the week of January 10-17 were received

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