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Holiday Season Cargo Theft Trends and Security Tips

Cargo theft remains high, both through pilferage and strategic theft, but there are steps drivers and fleets can take to better protect shipments. CargoNet shares holiday-season cargo theft trends and corresponding theft-prevention tips.

Freight, Fraud, and Theft

With the explosive growth of the freight market during the COVID-19 pandemic, cargo theft and fraud surged. Thieves stole more than $31 million in shipments just in the third quarter of 2023.

CargoNet: $31 Million in Shipments Stolen in Q3

CargoNet said there were 692 recorded theft events during the third quarter of 2023 and thieves stole more than $31 million in shipments. The company warns that strategic cargo theft by using stolen identities of brokers and motor carriers continues to increase.

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