Organized retail crime has contributed to financial losses totaling over $121 billion in the U.S., and 76 percent of retail asset protection managers report their employees have suffered from violence at the hands of an organized retail criminal. Cargo theft remains a primary component of organized retail crime nationwide, disrupting supply chains and acting as inflationary pressure on the price of everything from baby formula to clothing.
In their letter, the bipartisan coalition urges the 119th Congress to reintroduce H.R.895/S.140—Combating Organized Retail Crime Act of 2023 and S. 139—Organized Retail Crime Center Authorization Act of 2023, which would include increased federal penalties for supply chain thefts, as a strong deterrent against the organized theft of goods in transit.
