CargoNet News

New Report Shows Rise in Cargo Theft, With Three States Leading the Way

Cargo theft across the U.S. and Canada continued to rise in 2024, with three states making up the bulk of losses, a new report shows. Multimodal hubs in California, Texas, as well as around Chicago, continue to be top targets …

Cargo Theft Surges to Record Levels in 2024

2024 saw record-breaking cargo theft activity across the United States and Canada, with 3,625 reported incidents representing a 27% increase from 2023, according to global data analytics and technology provider CargoNet, a Verisk company. The estimated average value per theft …

Cargo Theft Surges as Holiday Season Approaches, Verisk Says

Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods. The days …

Cargo Thefts Up 59%, Misdirection Top Threat: CargoNet

There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59% increase when compared to the third quarter of 2022, according to CargoNet. Similar to the second quarter of 2023, …

Cargo Theft Increased 57% in Q2; High-Value Shipments Targeted

There were 582 supply chain events reported across the United States and Canada in the second quarter of 2023, a 57% increase when compared to the second quarter of 2022, according to the latest CargoNet report. Ongoing shipment misdirection attacks, …

Drop in Cargo Thefts Follows Spike During Pandemic Lockdowns

A rash of railcar thefts in the Los Angeles area may have given a different impression, but nationally the number of reported cargo thefts dropped by 15% in 2021 compared to the prior year, according to CargoNet’s annual Supply Chain …

Cargo Theft Cases Down in Q3 Compared to Highs of 2020: CargoNet

There were 359 supply chain theft and fraud incidents across the United States and Canada in the third quarter of 2021, according to CargoNet. They included 294 total theft incidents that involved theft of a trucking vehicle like a semi-truck …

Florida Trucking Association Partners With CargoNet to Address State Cargo Theft

Verisk Analytics, a data analytics provider, has formed an alliance between its CargoNet business and the Florida Trucking Association (FTA) to help members reduce cargo theft risk and lobby for stricter penalties and more public resources. CargoNet will assist the …

Integro to Provide CargoNet Membership to Transportation Clients

Verisk Crime Analytics has formed a strategic alliance between its CargoNet division and insurance brokerage and risk management firm Integro Insurance Brokers to support the cargo theft prevention efforts of Integro’s domestic Property Broker and Forwarder clients. Verisk Crime Analytics …

CNA Canada to Use CargoNet, NER to Combat Cargo Theft

CNA, a global business insurer, is now using CargoNet and the National Equipment Register (NER) — two national information sharing systems designed to help policyholders combat the growing problems of cargo and heavy equipment theft. CargoNet and NER are divisions …