A new report released by multinational data analytics company Verisk revealed that a record-setting 3,625 cargo theft incidents occurred across North America in 2024, reaching nearly $455 million in valued losses. Key Findings The Verisk report confirmed that cargo theft frequency jumped by 27% in 2024. Among these incidents, the most targeted states were California,…
In the first quarter of 2024, cargo theft incidents were up more than 46% compared with the year prior, according to CargoNet, a subsidiary of Verisk. Notably, it’s also a 10% rise from the fourth quarter last year. CargoNet analysis of the first quarter of 2024 documented 925 incidents, with an average stolen shipment value…
Cargo theft affects businesses across the globe and is recently becoming more of a major threat. Beyond the direct cost of the stolen goods, missing cargo can have far-reaching supply chain implications. Criminals are out to make a fast buck, so any products could be targeted. According to Freight Watch International, in the United States,…
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You are about the leave our site and submit the information to pay your bill. A licensed agent from our team will need to process your payment to make it official – we cannot bind coverage via web request. Let us get to work for you. Want to talk? Call us. 410-213-5600
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SCD Intermediaries
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