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CargoNet reveals cargo theft trends for Q2 2016


JERSEY CITY, N.J. — In 2016’s second quarter CargoNet’s Command Center logged 297 reports of cargo theft, identity theft, vehicle theft, and other criminal intelligence matters relating to the United States and Canadian supply chain.

Of those incidents, 192 involved cargo theft, down 15% compared with second-quarter 2015. However, CargoNet recorded a $1.3 million increase in the total value of reported cargo thefts. An estimated $39 million in cargo was stolen in second-quarter 2016. Sixty-one percent of incidents had a loss value recorded. The average incident was valued at $330,339, up $63,243 from cargo theft incidents reported in second-quarter 2015.

In second-quarter 2016, $14.6 million in electronics items were stolen in cargo thefts. Food and beverage items were stolen most often, though losses in the category decreased 17% year over year. A total of $3.81 million in food and beverage items were stolen in Q2 2016.

Warehouse or distribution center locations were the most common location for cargo theft, while unsecured yards were the next most common location.

Many of the top states showed a decrease or little change in reported cargo theft when comparing the second quarters of 2015 and 2016. However, cargo theft incidents in California climbed 86%, from 37 reported incidents to 68 reported incidents. Of the $38.9 million reported stolen this quarter, $17.4 million was reported stolen in California. Nineteen fictitious pickups were reported in the state, eight more than in second-quarter 2015.

Across the United States and Canada, 139 trailers and 124 tractors were reported stolen in second-quarter 2016, down from 173 trailers and 143 tractors in second-quarter 2015.

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