Source: International Business Times
Niels Pas Recent data from the United States points to a sharp rise in cargo theft, with reported losses in the hundreds of millions and estimates suggesting the true cost may approach or exceed $1 billion annually, driven by organized criminal networks using increasingly sophisticated tactics. High-value shipments are being targeted with precision, and supply chains are under increasing pressure from significant financial losses. For Niels Pas, CEO of Hoefon Security Seals, this trend signals a deeper structural issue within the industry itself.
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