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Cargo thefts rise more than 60% in EMEA: Report


A report by U.S.-based supply chain management firm Sensitech Inc. found that cargo thefts in Europe, the Middle East and Africa grew more than 60% to 943 incidents in the second quarter, compared with 586 in the second quarter of 2016, American Shipper reported. The value of the stolen items totaled more than €63 million ($74 million). Theft of cash in transit made up the majority of the stolen amount at about €12.5 million. The United Kingdom, Germany, the Netherlands, Belgium and Sweden suffered the highest number of cargo thefts.

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