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What Cargo Thieves Are Stealing This Holiday Season

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Dan Burges, the corporate director of global intelligence at FreightWatch International, a leading logistics security firm, just sent along the company's 2010 Holiday Cargo Theft Report which was released yesterday.

According to the report, Kevin L. Perkins, assistant director of the FBI's criminal investigation division, estimates cargo theft costs $30 billion annually.

It presents “much less risk than other forms of criminal activity,” he says and data shows that "prison sentences typically are much shorter than they would be for other potentially very lucrative crimes."

Joe Wehrle, president and CEO of the National Insurance Crime Bureau, asks, "Especially during the holiday season, why would you want to break into a store and steal a handful of TVs when you can get hundreds of them off of one load?”

And Scott Cornell, national manager-special investigations group in Travelers Cos. Inc.'s Rochester, N.Y., office, says, “The thieves are out their doing their own Christmas shopping."

Here's what's popular in the robbin' and thievin' world right now:

Overall, per-day theft-rate increases are up 28% this year, with the Thanksgiving break being the most active holiday for rip-offs, at 3.5 thefts per day.

Happy holidays!
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