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.