Aspen Claims Service

Cargo Theft in U.S. Declined in Q3, but Average Loss Amount Increased

 Thursday, October 30, 2014

 Canadian Underwriter

More than 200 cargo theft incidents occurred in the United States in the third quarter of the year, FreightWatch International reported Wednesday.In the quarter, the organization recorded 194 194 Full-Truckload (FTL) cargo thefts and 14 Last-Mile Courier thefts for a total of 208 incidents in the U.S. Seventy FTL thefts occurred in July, 76 in August, and 48 in September, and the average loss value per incident during the quarter was $321,521, according to FreightWatch.
Property
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