U.S. Cargo Thefts Decreased In Volume, Value In 2015 (Canadian Underwriter)

U.S. Cargo Thefts Decreased In Volume, Value In 2015

  Tuesday, February 16th, 2016 Source: Canadian Underwriter

FreightWatch International (FWI) recorded 754 cargo thefts throughout the United States in 2015, representing a 6% drop in volume and a 21% decrease in value when compared to 2014. There were 204 thefts in Q1, 187 in Q2, 174 in Q3 and 189 in Q4, FWI said in its U.S. Cargo Theft Report – 2015 Annual Report, released on Friday. The average value of these thefts was US$184,101. “Although the total number of incidents fell, the threat of cargo theft continues to grow in the United States due to increased organization and innovation on the part of cargo thieves, as they broaden their geographical areas of operation and improve their methods to avoid detection and capture,” FWI said in the report.

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