Freight protection-focused specialty firm Loadsure has announced its support for the Combating Organized Retail Crime Act (CORCA) of 2025, a bipartisan bill introduced in both chambers of Congress aimed at strengthening federal response to retail and cargo theft.
The proposed legislation seeks to expand the Department of Homeland Security’s authority to investigate and coordinate enforcement efforts in response to organized retail crime and related supply chain disruptions.
Industry data has pointed to increasing concern, including a 2024 Retail Industry Leaders Association (RILA) survey in which two-thirds of respondents reported a rise in cargo theft over the previous two years.
Under the proposed legislation, federal prosecutors would be permitted to aggregate thefts totaling $5,000 or more that occur within a 12-month period, even if they involve separate incidents.
This would enable authorities to pursue coordinated criminal activity under a broader framework, rather than treating each offense as an isolated event. Supporters say this shift addresses a longstanding gap in how cargo and retail theft are prosecuted at the federal level.
The bill would also establish a dedicated Organized Retail and Supply Chain Crime Coordination Center within Homeland Security Investigations. This new center is intended to enhance collaboration between law enforcement, retailers, and freight and logistics providers.
Cargo theft continues to affect the freight industry at scale. Data from 2024 showed a 27% increase in reported thefts across transportation modes, with average losses exceeding $200,000 per incident.
If enacted, CORCA would formalize a federal framework to address losses that industry sources say cost the US economy tens of billions of dollars annually. The bill has received support from several major corporations and associations, including Walmart, Target, The Home Depot, UPS, the American Trucking Association (ATA), the Intermodal Association of North America (IANA), and the Transportation Intermediaries Association (TIA).
Johnny McCord (pictured above), founder and CEO of Loadsure, said the legislation carries important implications for the freight sector.
“The enhanced federal enforcement powers it provides will serve as a powerful deterrent, resulting in greater protection for businesses, the supply chain, and ultimately, the American consumer. For Loadsure, this is fundamental to our commitment to lowering claim severity and fostering more affordable, sustainable insurance solutions for the US freight community,” McCord said.
McCord also called on others in the industry to support the bill, citing longstanding challenges related to cargo theft and a shared interest in regulatory efforts that aim to address them.
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