Cargo and car theft is only one of many insurance market categories that have been impacted by the COVID-19 pandemic. Large-scale occurrences like the pandemic change the way cargo and car pirates operate and the kind of items that they specifically target.

What is the main problematic when it comes to cargo and car thefts?

The first thing to consider about cargo and car theft is not to minimize its impact for companies and their employees.

Targets of these coordinated heist operations include major transportation hubs in Southern Ontario, Montreal, and Vancouver - anywhere where there is a large volume of cargo traffic.

Still, across the nation, there is a serious issue with this low-risk, high-reward type of crime. Thieves perceive it as a victimless crime. Yet, if one considers the expenditures of health care, policing, legal fees, and out-of-pocket expenses like deductibles, auto and cargo theft costs Canadians millions of dollars every year.

How to prevent it?

The collaboration between numerous partners is essential in the battle against auto theft. It begins with car owners and extends to law enforcement, automakers, new and used car dealers, salvage operators, auto mechanics, auto insurance providers, manufacturers, and installers of theft deterrent systems, licencing and customs officials, and the court system.

Cargo theft typically includes trucks and transport trailers loaded with goods. After stealing the car or trailer, the thieves unload the valuable cargo, package it up, and sell it for a quick profit, frequently before the crime is recorded.

Additionally, it's crucial to remember that cargo thieves continue to target goods that are simple to resell on the illicit market. Nearly all goods can become fair game for opportunistic thieves. Businesses can identify their weaknesses and reduce the risk of cargo theft by being aware of evolving strategies.

At GardaWorld, our consulting and investigation experts provide knowledgeable, dependable assistance to insurers, businesses, attorneys, and individuals as they negotiate the difficult circumstances following such a crime.

Our wide array of services to fight this nuisance incudes: an intimate knowledge of organized crime gangs and of their storage locations, surveillance, suspect investigation, and interviews with potential witnesses.

Curious to learn more about how to fight this scourge? Contact one of our experts here.