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More than 400% increase in the frequency of insurance claims since 2021
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Nearly a third of claims arising from theft from vehicles parked insecurely or at the roadside
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The region of Lombardy as the region with the highest rates of cargo theft
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Significant lack of secure parking with only one space per 289 trucks
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Notable increase in cargo theft from rail
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Emerging trend of drone usage by criminals to investigate possible target sites
TT Club, in collaboration with BSI SCREEN and TAPA EMEA, underscores the increasing threat to the Italian supply chain pose chiefly by organised crime and its sophisticated theft methods.
Freight crime in Italy
The extensive report, which draws on the wide-reaching data resources of the three organisations, shines a spotlight on the dynamic and evolving nature of freight crime in Italy, and the steps necessary to combat the threat.
A rise in cargo theft in Italy Ports
Like many countries, Italy is seeing a rise in strategically planned cargo theft, with criminal groups employing ever more sophisticated means to infiltrate the legitimate supply chain. The report highlights however that Italy is particularly attractive to thieves due to its well-known market of luxury and designer goods. Indeed, clothing, apparel and pharmaceuticals are noted as the most targeted commodities.
Italy is not alone in increases in cargo theft
“Italy is not alone in experiencing concerning increases in cargo theft,” comments Josh Finch, Logistics Risk Manager at TT Club. “We are seeing the same trends across the board, with major highways and industrial hubs becoming key targets for criminals. The statistics clearly highlight the key issue: cargo at rest, unsecurely parked, parked on the roadside, around these main intersections, is most at risk.”
Create standards &strategy
“A lack of access to safe and secure parking is a global problem, of which Italy is an acute example,” comments Panayiotis Laimos, Standards and Training Support, TAPA EMEA. “At TAPA, we create standards that focus on all risks within an end-to-end supply chain risk mitigation model. We must focus on a ‘goods at rest are goods at risk’ strategy and combine people and technology on the best way.”
Using modern drones
The co-authors outline the increasingly sophisticated means used by criminals to access cargo, specifically the emerging use of drones as a reconnaissance tool. “Many modern drones may operate for 30+ minutes, more than enough time to stake out a site, noting its vulnerabilities, the location of security cameras and guard stations.
Drones are often difficult to spot
They are quiet, have excellent visibility and are often difficult to spot; we have even seen cases of drones entering warehouse facilities unobserved through open bay doors. In this way, thieves are increasingly able to build a profile of the goods that are stored and exactly where to find them,” explains Finch.
TT and theft risks
As with all awareness reports of this nature, TT and its co-authors are keen to offer guidance on how such theft risks can be alleviated with advice. The report contains preventative measures ranging from drone-disabling technology, radio frequency jammers, secure parking technology and the crucial importance of due diligence.
Mitigation methods cargo theft losses
“With the help of our partners, utilising a wide range of in-depth data resources, TT is committed to lifting the lid on international cargo crime to ensure the industry is better equipped to mitigate both large-scale and attritional cargo theft losses,” concludes Finch.
About TT Club
TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. Its mission is to make the industry safer, more secure and more sustainable. Established in 1968,
TT Club currently services more than 1400 Members – container owners, operators, ports, terminals and logistics companies, working across maritime, road, rail and air. The Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty.
Its average annual customer retention rate is consistently over 95%, with some Members having chosen to insure with the Club for over 50 years.
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