A new report shows a large year-over-year increase in cargo theft incidents and evolving organized crime tactics.
A CargoNet analysis of cargo theft trends for the third quarter of 2024 shows 776 cargo theft events across the U.S. and Canada in Q3, a 14% increase from Q3 2023.
The report shows the total value of stolen goods exceeded $39 million for the quarter. It also shows a decrease of 1.6% in theft incidents compared to Q2 2024, however the report’s authors say that is expected to close with delayed reporting checks.
There has been a