Cargo theft has been around us for ages. It has always been disheartening when you or your customer know that the cargo being transported has been stolen from unidentified looters. It is seen that many transportation companies have started taking cargo insurance a must either from the customer whose goods are getting transferred or some big companies like FedEx have their insurance providers, which help in mitigating cargo theft. Due to advancements in technology, the ways and methods used by the thieves have also been updated and upgraded as per the market, and they have found new methods to sneak off with the transportation goods of the trucker.
Nowadays, there are many Information Technology companies that have come up with smart artificial intelligence products which are fitted in trucks and trailers, and sometimes inside high-value goods to prevent or to get back the goods once thieves have stolen them. As per the report by CargoNet, it has been seen that there is a 73% rise in cargo theft cases in USA and Canada, which is close to $19 million, and it is an alarming figure as the results have been compared with the year 2021.
Mayflower Insurance services help you get truck, home, house, and auto insurance. They are in over 30 states and help in getting you the best rates for any of the insurance you need. It was the year 2003 when it was established, and after nearly two decades of consistent work and efforts, we have been working on getting you the best policies at the best prices. Contact us Today!