What does "cargo theft" refer to in the context of TQL compliance?

In the context of TQL compliance, "cargo theft" specifically refers to the unlawful taking of goods that occurs during transportation, which significantly impacts both loss prevention measures and liability issues for carriers and shippers. This definition precisely encapsulates the criminal nature of cargo theft, highlighting the importance of protecting goods while in transit and the legal implications it has for those responsible for their transport.

Cargo theft can result in significant financial loss for businesses, not only due to the value of the stolen goods but also because of the potential liability that falls upon the carrier or shipper if they fail to secure their cargo adequately. Understanding this definition is crucial for those involved in logistics and transportation, as effective compliance measures and protocols can help mitigate the risks associated with cargo theft.

In contrast, the other options do not capture the essence of cargo theft. Accidental damage pertains to incidents not involving theft, while unauthorized sale relates to issues of intellectual property or resale without permission, and reassignment of goods involves legitimate operational processes that do not indicate criminal activity.