Cargo theft is a $35 billion industry. Meet the 4 biggest players in logistics tech helping to solve the problem.

Dec 27 2022 by Business Insider

 
Cargo theft costs the US economy billions a year.

Rebecca Cook/Reuters

Stealing cargo is a $15 billion to $35 billion industry. Insider compiled the four biggest players creating tech to track freight and prevent theft. They include the veteran PowerFleet and the small-business-focused company TruckX.

Cargo theft, where goods are stolen in transport, is a $15 billion to $35 billion industry. While it's been an unfortunate byproduct of trade for years, with stakeholders constantly looking to...

Continue Reading Cargo theft is a $35 billion industry. Meet the 4 biggest players in logistics tech helping to solve the problem.