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

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

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Last updated: December 25, 2025 8:17 pm
Editor
Published: December 25, 2025
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Costco-bound 0,000 lobster supply hijacked earlier than reaching locations


Take a look at what’s clicking on FoxBusiness.com.

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

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

“It is a big difficulty throughout the nation,” Rexing informed WFLD. “It instantly impacts companies and contributes to increased costs for shoppers.”

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 Photographs / Getty Photographs)

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 said 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 Photographs / Getty Photographs)

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

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

In September, the Division of Transportation issued a request for info looking for enter from legislation enforcement, transportation companies, freight carriers and different trade 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 Photographs / Getty Photographs)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

“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 masses at truck stops or multimodal distribution hubs and extremely coordinated operations carried out by organized legal networks. Each classes create vital financial losses, disrupt provide chains, and in some circumstances fund broader illicit actions akin to narcotics trafficking, counterfeiting, and human smuggling,” the DOT’s request abstract reads.

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

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