The nationally coordinated data-sharing system is being built to take into account the needs of insurers, law enforcement, transportation companies, manufacturers, retailers, and their many agents and service providers. The core of the network is a new database called CargoNet, which will be launched in early 2010. The network will also include training and investigative support for law enforcement, as well as theft prevention services and analytics.

The NICB says cargo theft is a multibillion-dollar economic drain that exploits existing gaps in the nation's information-sharing framework. When theft victims are unable to provide timely and accurate information concerning their losses, it hampers law enforcement's ability to conduct an effective investigation. Aside from the immediate loss of merchandise, cargo theft affects insurers and their policyholders through added costs that are ultimately borne by consumers.