CargoNet 2017 Cargo Theft Trend Analysis

Tuesday, January 30th, 2018 Excess & Surplus Lines Liability

The CargoNet Command Center logged 1,391 supply chain intelligence events into the CargoNet database in 2017. A total of 741 records involved a cargo theft event in the United States or Canada—one of the safest years ever recorded by CargoNet. The average cargo value per event was $196,109, and an estimated $145 million in cargo was stolen. CargoNet also recorded 1,479 stolen tractors, trailers, or intermodal chassis and containers in the United States and Canada in 2017. The decrease in cargo theft can be largely attributed to successful law enforcement investigations in 2016.


External References & Further Reading
https://www.ajot.com/news/cargonet-2017-cargo-theft-trend-analysis
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