PSA Card Theft: Former FedEx Driver Raises BIG Questions

The interview features a former FedEx driver (referred to as 'Bob') discussing the recent theft of approximately 6,400+ graded sports cards worth over $1 million from a PSA shipment. The conversation covers multiple aspects of FedEx operations:

Pickup Procedures: Bob explains that loading two pallets of packages typically takes 10 minutes maximum, with packages scanned immediately upon pickup to establish custody. He clarifies that custody is formally taken when the final package at a stop is scanned, not necessarily when items are physically loaded. For a major customer like PSA, a single pickup would likely fill the truck, requiring the driver to return directly to the distribution center.

Driver Knowledge: Bob confirms that regular pickup and delivery drivers would know the value and nature of goods from frequent visits to the same locations, reading labels, and recognizing customers like PSA. This means the driver would likely have known these were valuable sports cards.

Security Measures: Contrary to expectations, Bob reveals that FedEx drivers receive no special training for high-value shipments beyond standard insurance protocols. He describes RFID wristband technology that automatically locks truck doors when closed, stating this technology existed 10 years ago. Modern trucks at his facility used this system, though perhaps 10% of older trucks still used manual key locks. He emphasizes that in his entire career, he never left a truck unlocked and never took a break longer than 30 minutes, usually while eating at a restaurant.

The Unusual Break: Bob states that a 60-90 minute break is extremely unusual and would typically trigger management investigation, as they monitor scanning patterns throughout the day. He speculates this could indicate a personal emergency, family issue, or going off-duty to handle personal business.

Truck Security: Bob notes there are no cameras on FedEx trucks themselves, though PSA's receiving dock likely has security cameras. GPS data is available through package scanners, recording delivery coordinates, but not real-time vehicle tracking.

Investigation: He explains that major thefts involve FedEx's internal security department alongside law enforcement, with the FBI reportedly taking over this investigation. For individual package thefts, the process is minimal—just reporting weeks later with minimal follow-up.

Theft Liquidation: Both speakers discuss the difficulty of selling the stolen cards, noting that serialized cards can be tracked, though unscrupulous sellers might attempt sales through international card shows or by cracking slabs to sell raw cards.