Why Cargo Theft Is Not a 1:1 Loss and How the Industry Has Been Measuring It Wrong
Executive Summary Cargo theft continues to be misunderstood, not because the industry lacks awareness, but because it continues to measure the problem incorrectly. For years, organizations have approached cargo theft as a contained transportation loss, something that can be resolved by replacing product, filing a claim, and moving forward. That approach may satisfy accounting requirements, but it does not reflect how the business actually absorbs the disruption. When a shipment is stolen,...
