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Cargo thefts cost the most in South Africa

Posted On: Jun. 18, 2019 6:30 AM CST

A report found that each cargo theft in South America costs a business $77,000 on average, Freight Week reported. Mike Yarwood, a claims' executive at TT Club, said that criminals are recruiting employees of targeted companies to gain access to data, cargo information, delivery routes and destinations and IT systems.

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