See what’s clicking on FoxBusiness.com.
A $400,000 shipment of lobsters bound for Costco locations in Illinois and Minnesota was intercepted before it reached its delivery locations.
Dylan Rexing, CEO of Indiana-based logistics business Rexing Companies, said the goods were picked up in Taunton, Mass., but never made it to their destination, WFLD reported. Rexing told this newspaper that this practice of stealing goods seems to be part of the theft of expensive goods.
“This is a huge problem across the country,” Rexing told WFLD. “It directly affects businesses and results in higher prices for consumers.”
The FBI is investigating the theft of the lobster shipment. No arrests have been announced.
PORT STRIKE COULD AFFECT HOLIDAY SHOPPING AND SUPPLY CHAIN DISRUPTION
Cooked lobsters on ice at Woodman’s on July 12, 2025. (Erin Clark/The Boston Globe via Getty Images/Getty Images)
Earlier this year, Homeland Security Investigations (HSI) launched Operation Boiling Point to combat organized retail crime. In its operational announcement, HSI said estimates show that asset theft costs $15-35 billion in annual losses.
Josh Edgcombe, owner of SoPo Seafood, takes lobsters from the tank on Thursday, Jan. 5, 2022. (Shawn Patrick Ouellette/Portland Press Herald via Getty Images/Getty Images)
WE SHOULD TURN THE EXAMINATION SHOPPING INTO ‘IT’S WEAPON,’ EXPERT WARNS.
HSI said gangs of organized thieves tend to target goods at ports of entry, truck stops, freight trains and at various points along the supply chain while the goods are being transported. Additionally, HSI noted that while organized theft gangs that target property may not necessarily be involved in organized retail crime, they “can be linked to common wire/pickpockets who buy stolen goods.”
In September, the Department of Transportation issued a request for information seeking input from law enforcement, transportation agencies, freight forwarders and other industry stakeholders, as well as the public, on how to best protect the U.S. supply chain from cargo theft.
Corey Morris weighs a lobster while trolling the shoreline near Tenants Harbor Friday, June 24, 2016. The lobster was released. (Shawn Patrick Ouellette/Portland Portland Press Herald via Getty Images/Getty Images)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“Cargo theft is a growing concern for the US transportation system, costing the economy billions annually. This crime involves the opportunistic ‘direct theft’ of trailers, containers, and cargo from truck stops or bulk distribution centers as well as highly coordinated operations by organized crime networks. Both of these categories cause significant economic losses, disrupt extensive logistics operations, and in some cases counterfeit narcot, and and human trafficking,” reads a summary of the DOT application.
The Rexing Companies, Illinois State Police, FBI Chicago, FBI Minneapolis and Costco did not immediately respond to FOX Business’ request for comment.
