Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Trucking groups tell House panel cargo theft costs billions and needs federal center
Summary
The American Trucking Associations told a House subcommittee that cargo theft and ‘strategic’ theft are escalating—costing the industry millions per day—and urged passage of CORCA to create a national coordination center and link state and local investigations.
The American Trucking Associations told the House Judiciary Subcommittee on Dec. 17 that cargo theft has reached levels that threaten carriers and consumers and requires federal leadership.
Chris Spear, president and CEO of the ATA, said trucking companies incur direct losses and secondary costs such as higher insurance and security expenses. "Brazen thieves are robbing our industry to the tune of $18,000,000 a day," Spear said, adding that strategic cyber tactics have produced a 1,500% increase in certain electronic…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
