The False Comfort of Declining Cargo Theft Numbers The recent Q2 analysis by Verisk CargoNet has sent a welcome signal through the supply chain: fewer reported cargo theft incidents and a decline in some types of theft activity.
However, behind this façade lies a more complex reality that suggests we shouldn't be too quick to celebrate.
CargoNet documented 677 incidents across the United States and Canada, a drop of 26% from Q2 last year and 14% from the previous quarter. Estimated losses climbed to $304.