Tagging cargo theft as freight crime would save operators more £700m a year, say insurers


A loophole in crime reporting that allows criminals to get away with cargo thefts from HGVs must be closed in order to save operators more than GBP700m a year, according to insurers.

Broker McCarron Coates said a major problem in investigating thefts is that a specific category of 'freight crime' does not exist in Home Office reporting figures and falls under 'theft from vehicle' instead.

And while it acknowledged that changing the reporting regime would be very difficult, there is [...]

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