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Cargo thieves have set their sights on data center supplies
Business Insider • • business
Key Points:
- Investigators in Cook County, Illinois, recovered two stolen trailers containing $1.3 million worth of data center supplies at a Chicago-area truck yard.
- One trailer contained $300,000 worth of copper wire spools stolen from Pine Hill, Alabama, while the other held $1 million in data center equipment stolen from Jacksonville, Florida.
- Copper wiring is a critical component for building and connecting data centers, making it a valuable target for cargo thieves.
- Cargo theft, often targeting retail supply chains, causes an estimated $35 billion in losses annually in the U.S., according to the Department of Homeland Security.
- Theft rings have increasingly targeted valuable industrial metals such as platinum, palladium, and copper.
