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2025 has seen a “staggering” escalation in cargo theft – and Thanksgiving is a prime time for thieves to strike, Verisk CargoNet is warning.
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Verisk CargoNet said that the cargo theft activity is set to reach dangerous new levels over the Labor Day holiday period.
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Cargo theft numbers have spiked 13% year-over-year in Q2 2025 as organized crime groups target high-value commodities.
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A new analysis from CargoNet has revealed that cargo thefts skyrocketed to record numbers in 2024.
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As much as $154.6 million in goods were stolen in the first quarter of 2024, according to a report by CargoNet.
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CargoNet has issued a warning to supply chain professionals and the North American trucking industry saying the threat of cargo theft is “extremely” high heading into Thanksgiving 2023.
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