Cargo theft incidents increased by over 46% in the first quarter of 2024 compared to the same period last year, as reported by CargoNet. This rise also marks a 10% uptick from the previous quarter, with 925 recorded incidents averaging a stolen shipment value of $281,757 each. The estimated value of stolen goods reached a staggering $154.6 million.
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Boom in Cargo Theft Highlights the Need for…
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Cargo theft incidents increased by over 46% in the first quarter of 2024 compared to the same period last year, as reported by CargoNet. This rise also marks a 10% uptick from the previous quarter, with 925 recorded incidents averaging a stolen shipment value of $281,757 each. The estimated value of stolen goods reached a staggering $154.6 million.