Train thieves steal $200 million in cargo a year
The major freight carriers are joining with local police, the FBI and corporate security teams, investing millions of dollars in monitoring technology, drones, barbed-wire fencing and other improvements.
The major freight carriers are joining with local police, the FBI and corporate security teams, investing millions of dollars in monitoring technology, drones, barbed-wire fencing and other improvements.
BELLINGS Intelligence Score: 12
Why it matters
While $200 million in annual cargo theft is a notable operational challenge for freight carriers, it represents routine criminal activity rather than a market-moving event or structural change in credit markets.
Sources
Transport Topics
Train thieves steal $200 million in cargo a year
The major freight carriers are joining with local police, the FBI and corporate security teams, investing millions of dollars in monitoring technology, drones, barbed-wire fencing and other improvements.