Cargo thefts surged 68% year over year (y/y) in the fourth-quarter of 2023 compared with 2022, according to CargoNet, a subsidiary of data analytics firm Verisk. During the third quarter of 2023, cargo thefts were up 57% y/y compared to the same year-ago period.
Tag: cargo theft
Cargo Thefts Down 15% in 2021: Verisk
According to Verisk’s CargoNet system, cargo thefts in the United States and Canada fell 15% year over year in 2021, with an estimated $58 million in cargo stolen last year. The cargo theft database and information-sharing system recorded 1,285 supply chain risk events in both countries. Of those, 55 percent involved theft of at least… Continue reading Cargo Thefts Down 15% in 2021: Verisk