Cargo theft up 57% in 2023 vs. 2022, new CargoNet data shows

Cargo theft up 57% in 2023 vs. 2022, new CargoNet data shows

Cargo theft incidents were up more than 57% in 2023 compared with the year prior, according to CargoNet, a Verisk company. “I think we’re at an all-time high. I haven’t seen cargo theft at this level,” Scott Cornell, the national practice transportation lead at Travelers, told CNBC. Nearly $130 million worth of goods was stolen … Read more