
FreightWaves NOW Morning Minute | Cargo Theft Spikes, USPS Delivery Bids & Long Beach Expansion
In this episode, we break down new data revealing that organized crime rings are keeping cargo theft levels near record highs across North America. We discuss how these sophisticated groups are increasingly targeting rail corridors and exploiting security gaps during freight handoffs.
Next, we look at the Postal Service's bold strategy to transform its last-mile network by requiring retailers to bid for delivery space. Postmaster General David Steiner hopes this premium product approach will generate billions in revenue to help offset recent financial losses.
Finally, the Port of Long Beach is preparing for a massive cargo surge with plans to double container volume to 20 million units by 2050. Officials are fast-tracking nearly $2 billion in rail projects to triple capacity and turn the Southern California hub into a zero-emissions powerhouse.
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