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The Wall Street Publication > Blog > Economy > $400k cargo of reside lobsters hijacked en path to Midwest Costco areas
Economy

$400k cargo of reside lobsters hijacked en path to Midwest Costco areas

Editorial Board Published December 25, 2025
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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 instructed the outlet that the heist seemed to be a part of an organized ring of cargo thieves concentrating on high-value merchandise.

“This is a huge issue across the country,” Rexing instructed WFLD. “It directly impacts businesses and contributes to higher prices for consumers.”

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

PORT STRIKE COULD AFFECT HOLIDAY SHOPPING AND SUPPLY CHAIN DISRUPTIONS

0k cargo of reside lobsters hijacked en path to Midwest Costco areas

Cooked lobsters sit on ice at Woodman’s on July 12, 2025. (Erin Clark/The Boston Globe by way of 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 by way of 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 varied locations alongside the availability chain whereas items are in transit. Moreover, HSI famous that whereas organized theft teams concentrating on cargo might not essentially be concerned in organized retail crime, “they can be linked to common fences/fencers that are purchasing the stolen goods.”

In September, the Division of Transportation issued a request for data 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 defend 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 by way of Getty Photographs / Getty Photographs)

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“Cargo theft is a growing concern for the U.S. transportation system, costing the economy billions annually. These crimes involve opportunistic ‘straight thefts’ of trailers, containers, and loads at truck stops or multimodal distribution hubs and highly coordinated operations conducted by organized criminal networks. Both categories create significant economic losses, disrupt supply chains, and in some cases fund broader illicit activities such as 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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