Technology to Counter Cargo Theft in Mexico

Companies are worried about the escalated violence and crime rate Mexico is experiencing. One of the main threats to the Mexican logistics sector is cargo theft, which is increasing at double-digit rates. However, companies see Artificial Intelligence (AI) as a good ally to prevent incidents. 

According to Overhaul’s Cargo Theft Report of 2022, over 20,131 thefts were reported in 2022, which represents a 1.3% increase when compared to 2021’s data. The situation worries the industrial sector as theft is expected to continue its upward trend. The report forecasts an increase of 4.2% in nationwide cargo theft under a stable scenario. Conversely, in a pessimistic scenario, a surge of 14.5% is projected, with an estimated 23,054 thefts expected for 2023. Furthermore, cargo theft increased by 10% during the first four months of 2023, according to the National Chamber of Cargo Transportation (CANACAR). 

Sanjit Biswas, CEO, Samsara, says that technology can be used to mitigate the negative effects of increasing crime rates. For example, telemetry can measure speed, location and the unit’s engine performance. According to Biswas, video surveillance can even enhance the effectiveness of the previously mentioned technologies. “It is about gathering information using technology, which makes the decision-making process easier as it is based on real data,” he adds. 

AI enhances monitoring, as the device can capture and identify risky situations. According to Samsara's data, with these kinds of systems, customers experience a 20% to 50% reduction in accidents. This reduction is thanks to the technology’s ability to identify possible risky actions, in addition to aiding in optimizing truck services, such as timely oil changes for proper maintenance.

In in interview with MBN, Christian Rauda, CEO, AI27, said that one of the main drivers for companies to adopt technology is taking care of their people. “When organizations look inward, their first priority is to protect their assets, including machinery and buildings. But, above all, they want to safeguard their people. This is where our technology-driven approach to AI becomes highly beneficial,” he adds. 

The theft of cargo can also place a significant hit on a company’s budget. According to Rauda, each robbery typically amounts to about US$30,000-US$50,000 in losses.