Rising threats in the freight industry: surge in cargo thefts

CargoNet’s analysis documented an average value of stolen shipments of $281,757 In a recent report from CargoNet, it is shown that during the first quarter of 2024, cargo theft incidents have experienced an alarming 46% increase compared to the previous year. This rise also marks a concerning 10% increase over the fourth quarter of last […]
Cargo theft rises: expert perspectives on the matter

The growing threat of such thefts has triggered a technological arms race in the transport sector. In November 2022, CargoNet from Verisk Analytics published a report documenting over 600 strategic cargo thefts in the road transportation sector, surpassing the annual average of 58 thefts. The growing threat of such thefts has triggered a technological arms […]