$400,000 worth of lobsters bound for Costco locations in the US were stolen in the latest high-profile cargo theft

A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota.

LAUREN OWENS LAMBERT/REUTERS

• A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota.
• Thieves used identity theft tactics to impersonate a legitimate carrier, Rexing Companies CEO said.
• Cargo theft is rising, with the American Trucking Association reporting a 1,500% increase since 2021.

A supply chain company found itself in a real shell game.