$400k shipment of live lobsters hijacked en route to Midwest Costco

$400k shipment of live lobsters hijacked en route to Midwest Costco

A $400,000 shipment of lobsters headed for Costco places in Illinois and Minnesota was hijacked before arriving at its supply factors.

Dylan Rexing, CEO of Indiana-based logistics enterprise Rexing Companies, said the shipment was picked up in Taunton, Mass., however never reached its vacation spot, WFLD reported.

Rexing told the outlet that the heist appeared to be half of an organized ring of cargo thieves focusing on high-value merchandise.

“This is a huge issue across the country,” Rexing told WFLD. “It directly impacts businesses and contributes to higher prices for consumers.”

The FBI is investigating the lobster shipment theft. No arrests have been announced.

Earlier this 12 months, Homeland Security Investigations (HSI) launched Operation Boiling Point with the purpose of tackling organized retail crime.

In its announcement of the operation, HSI acknowledged that estimates present cargo theft accounts for $15–35 billion in annual losses.

HSI said that organized theft teams often goal cargo at ports of entry, truck stops, freight trains, and in varied locations alongside the provide chain while items are in transit.

A $400,000 shipment of lobsters headed for Costco places in Illinois and Minnesota was hijacked before arriving at its supply factors. Bonita – inventory.adobe.com

Dylan Rexing, CEO of Indiana-based logistics enterprise Rexing Companies, said that the heist appeared to be half of an organized ring of cargo thieves focusing on high-value merchandise.
Bob Orsillo – inventory.adobe.com

Additionally, HSI famous that while organized theft teams focusing on cargo could not essentially be concerned in organized retail crime, “they can be linked to common fences/fencers that are purchasing the stolen goods.”

In September, the Department of Transportation issued a request for data in search of enter from regulation enforcement, transportation businesses, freight carriers, and other business stakeholders, in addition to the public, on the way it can better shield the U.S. provide chain from cargo theft.

“Cargo theft is a growing concern for the U.S. transportation system, costing the economy billions annually. These crimes involve opportunistic ‘straight thefts’ of trailers, containers, and loads at truck stops or multimodal distribution hubs and highly coordinated operations conducted by organized criminal networks. Both categories create significant economic losses, disrupt supply chains, and in some cases fund broader illicit activities such as narcotics trafficking, counterfeiting, and human smuggling,” the DOT’s request abstract reads.

Rexing Companies, the Illinois State Police, FBI Chicago, FBI Minneapolis, and Costco didn’t instantly reply to FOX Business’ request for remark.

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