Wave of cargo thefts grows; up 46% over first quarter of 2023

Cargo theft graphic
CargoNet

The surge of cargo thefts — often by elaborate fraud and identity theft schemes — plaguing the trucking industry continues to mount. 

In the first quarter of 2024, criminal activities impacting the logistics and transportation industry reached new highs, even amidst the sustained crime wave that began in late 2022. Verisk CargoNet in a statement today said it documented 925 incidents, marking a substantial 46% increase compared to the first quarter of 2023 and a 10% rise from the fourth quarter of 2023.

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