European motorways - the new Bermuda Triangle

Did you know that cargo theft in Europe has continued to rise in recent years.

According to an article in the transport magazine StraGü:

"The Bermuda Triangle in recent years for carriers is not the Atlantic Sea, but rather the roads of Europe. In addition to the day-to-day challenges of the transport business, many carriers are increasingly confronted with rising highway crime and the consequences arising from this situation."

Here are some interesting figures:

• Around 4% of hijackings and the rate of cargo theft from public car parks is over 64% - the greatest risk of theft is during holiday periods.
• The region in Europe with the most cargo thefts stretches from the German Rhineland through Northern France and Belgium to the UK - the so-called Bermuda Triangle.
• In this region alone, authorities recorded more than 14,000 cargo thefts last year.

And the most sought-after product groups in the eyes of the well-organised gangs of thieves are:

• Food/Drinks 16%
• Electronic equipment 16 %
• Car Parts / Tyres 13 %
• Textiles 13 %
• Household products 11 %
• Metals 10 %

The experts' advice is that cargo must be covered against those risks through additional special conditions under the Cargo in Transport (Cargo) insurance, and that the carriers' employees must park in the secured parking areas when on breaks.

Our experts are available for a free consultation to help you choose the insurance coverage that best suits your needs.