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Home»Business»Costco-bound $400,000 lobster supply hijacked earlier than reaching locations
Business

Costco-bound $400,000 lobster supply hijacked earlier than reaching locations

VernoNewsBy VernoNewsDecember 25, 2025No Comments3 Mins Read
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Costco-bound 0,000 lobster supply hijacked earlier than reaching locations
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Try what’s clicking on FoxBusiness.com.

A $400,000 cargo of lobsters headed for Costco areas in Illinois and Minnesota was hijacked earlier than arriving at its supply factors.

Dylan Rexing, CEO of Indiana-based logistics enterprise Rexing Corporations, stated the cargo was picked up in Taunton, Mass., however by no means reached its vacation spot, WFLD reported. Rexing advised the outlet that the heist gave the impression to be a part of an organized ring of cargo thieves focusing on high-value merchandise.

“It is a large problem throughout the nation,” Rexing advised WFLD. “It immediately impacts companies and contributes to increased costs for customers.”

The FBI is investigating the lobster cargo theft. No arrests have been introduced.

PORT STRIKE COULD AFFECT HOLIDAY SHOPPING AND SUPPLY CHAIN DISRUPTIONS

Cooked lobsters sit on ice at Woodman’s on July 12, 2025. (Erin Clark/The Boston Globe through Getty Pictures / Getty Pictures)

Earlier this 12 months, Homeland Safety Investigations (HSI) launched Operation Boiling Level with the aim of tackling organized retail crime. In its announcement of the operation, HSI acknowledged that estimates present cargo theft accounts for $15–35 billion in annual losses.

Hand reaching into a lobster tank

Josh Edgcombe, co-owner of SoPo Seafood, takes a lobster from the tank on Thursday, Jan. 5, 2022. (Shawn Patrick Ouellette/Portland Press Herald through Getty Pictures / Getty Pictures)

US MUST TRANSFORM DEFENSE SUPPLY CHAIN INTO A ‘WEAPON ITSELF,’ EXPERT WARNS

HSI stated that organized theft teams usually goal cargo at ports of entry, truck stops, freight trains and in varied locations alongside the provision chain whereas items are in transit. Moreover, HSI famous that whereas organized theft teams focusing on cargo might not essentially be concerned in organized retail crime, “they are often linked to frequent fences/fencers which can be buying the stolen items.”

In September, the Division of Transportation issued a request for info searching for enter from regulation enforcement, transportation companies, freight carriers and different business stakeholders, in addition to the general public, on the way it can higher shield the U.S. provide chain from cargo theft.

Man holds Maine lobster

Corey Morris measures a lobster whereas lobstering off the shore close to Tenants Harbor Friday, June 24, 2016. The lobster was launched. (Shawn Patrick Ouellette/Portland Portland Press Herald through Getty Pictures / Getty Pictures)

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“Cargo theft is a rising concern for the U.S. transportation system, costing the financial system billions yearly. These crimes contain opportunistic ‘straight thefts’ of trailers, containers, and hundreds at truck stops or multimodal distribution hubs and extremely coordinated operations carried out by organized felony networks. Each classes create important financial losses, disrupt provide chains, and in some instances fund broader illicit actions corresponding to narcotics trafficking, counterfeiting, and human smuggling,” the DOT’s request abstract reads.

Rexing Corporations, the Illinois State Police, FBI Chicago, FBI Minneapolis and Costco didn’t instantly reply to FOX Enterprise’ request for remark.

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