US Congress Introduces Bipartisan Bill to Combat Escalating Cargo Theft
The US Congress is now addressing the significant and growing problem of cargo theft with new bipartisan legislation. Introduced in the House of Representatives, the bill seeks to establish a formal federal definition of "cargo theft" and mandate the Department of Transportation to collect data on such incidents. This action comes as cargo theft costs the US economy an estimated $15 billion to $35 billion annually. According to industry reports, theft volumes saw a dramatic 57% increase in 2023 compared to the previous year. The new legislation is intended to provide law enforcement and supply chain stakeholders with better tools to track and combat these increasingly sophisticated crimes.
Official Source: https://theloadstar.com/us-congress-finally-wakes-up-to-cargo-theft/
Related Aviation News:
- US House passes legislation to step up cargo theft fight
- House Passes Legislation to Combat Organized Supply Chain Theft and Retail Crime
- Trucking organization applauds Congressional movement to fight cargo theft
- U.S. House Passes Bill to Address Rise in Cargo Thefts
- Organized retail theft bill clears U.S. House