Cargo theft throughout the U.S. and Canada continued to rise in 2024, with three states making up the majority of losses, a brand new report exhibits.
Multimodal hubs in California, Texas, in addition to round Chicago, proceed to be prime targets for thieves, in keeping with a report out this week that’s the results of a brand new collaboration with GearTrack and CargoNet. The report additionally notes that Florida ports are additionally seeing an increase in incidents.
California, Texas and Florida made up 54% of all of the nation’s reported cargo thefts, in keeping with the report.
The highest goal commodities included meals and drinks (up 115% month-over-month), family items (up 76%) and autos and equipment (up 36%).
The report additionally notes that organized theft teams proceed growing new and extra refined schemes.
“Organized theft teams are growing new, progressive schemes—from non-delivery of masses to following freight trains alongside supply routes—and even forging paperwork for fraudulent pick-ups,” the report states.
This week GearTrack, a provide chain administration firm, and CargoNet, a Verisk firm, introduced a collaboration, which incorporates 24/7/365 cargo restoration assist and investigation assist.
GearTrack clients can entry Verisk’s theft and fraud threat administration instruments and analytics, together with enhanced cargo theft and fraud intelligence alerts.
The collaboration will even deliver new cargo security analytics and insights, with the upcoming launch of the GearTrack Cargo Security Index, powered by Verisk CargoNet. The month-to-month report will present a view of cargo theft tendencies throughout the U.S. and Canada.
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