The transportation sector experienced an estimated 20% jump in reported cargo thefts amid changing criminal tactics in 2022.
And the largest portion of that jump in thefts came in the fourth quarter.
A study by Verisk Analytics’ CargoNet showed that voluntarily reported “supply chain risk events” increased 15% year-over-year to 1,778 across the United States and Canada. But those events that involved the theft of cargo increased by 20%. The total loss value in 2022 was $223 million.
