Warehouse theft is the leading cargo crime in the Middle East
A TT Club and BSI crime report reveals that more than three-quarters of cargo thefts occur in logistics centers and warehouses, with free zones (FTAs) being particularly vulnerable.
The well-established collaboration between the international freight insurer, the TT Club and the Supply Chain Services and Solutions team of BSI, the business improvement and standards company, produced the latest report. on trends in cargo theft entitled “Cargo crime in the Gulf countries and regional free zones”. Designed as a risk mitigation tool for transport operators, its schedule could be more relevant given the increased movement of goods as the seasonal festivities approach.
The main findings include:
• 76% of cargo thefts come from warehouses and storage facilities
• Crime hotspots in UAE and Saudi Arabia
• High-value goods such as electronics targeted
• Insider aid and corruption play a major role
• Illicit contraband trafficking widespread in free zones (FTAs)
Mike Yarwood of the TT Club comments, “Our reports are intended to alert supply chain players to the changing and developing trends in the risk of cargo theft during intermodal transport. BSI’s unique combination of criminal activity data and TT Club insurance claims files provide valuable information to operators.
“Regular updates of this nature are essential as criminal gangs are constantly changing their points of attack. The current prevalence of supply chain congestion, delays, disruptions and, in the Middle East region, especially crowded warehouses, makes this information essential. “
The report highlights that warehouse thefts and supply chain corruption are strengths, with a focus on higher risk areas in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) . The role of special economic zones in the Middle East also influences regional disparities in cargo theft.
Free zones (FTAs) are an important feature of the regional economy and represent potential vulnerabilities for supply chains by facilitating high volumes of trade under streamlined customs procedures that can provide opportunities for criminals to trade. to act. Additionally, as Gulf Cooperation Council (GCC) economies return to pre-pandemic levels and data provided by the International Road Transport Union (IRU) projects trade growth, it is possible that criminals also seek to exploit these higher volumes of goods. debit to introduce illicit drugs and counterfeit products into shipments.
Umberto de Pretto, Secretary General of the International Road Transport Union, comments: “The IRU, together with its members and partners, continues to strengthen global transport supply chains, including through the implementation of international standards such as TIR for compliance and security management, and through innovative training to help road transport professionals identify risks and tailor operations to avoid security threats.
The report also contains valuable advice on risk mitigation. These guidelines are intended to prevent the introduction of drugs into consignments; reduce thefts from facilities and tackle counterfeit smuggling, all of which are of particular concern in the Middle East region.
“Operators need to be consistent in their vigilance, especially in this festive season when the gift movement is at its peak,” Yarwood recommends. “TT’s intention is to help reduce theft-related losses and to that end, these reports offer loss prevention tips to complement the joint analysis of current trends. In addition to financial damage, these incidents can cause serious operational disruption and unquantifiable damage to the reputation of supply chain service providers. As a result, it remains of paramount importance for the transportation industry to identify, prevent and report any criminal activity. “
Source: TT Club