Cargo Theft Gets More Sophisticated, Experts Warn

Fraud Grows Along With Straight Thefts

flatbed metals
CargoNet noted 23 incidents of metal theft in Q1. (vitpho/Getty Images)

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The trucking industry continues to confront an evolving cargo theft landscape, with experts signaling the spread of more sophisticated operations during the first quarter.

鈥淲e鈥檝e seen [an] increase in fraud and fraud attempts,鈥 said Keith Lewis, vice president of operations at Verisk Analytics鈥 CargoNet, which tracks cargo theft data. 鈥淭hat scares me because the hardest crime to combat is the fraud. Under the fraud column [are] attempts 鈥 contact scams 鈥 and even if the attempt didn鈥檛 go through, it鈥檚 still an attempt. So it鈥檚 still a crime.鈥

CargoNet data found that criminal activity ; the estimated average value per theft increased 42% to $401,000 from $282,000, even as cargo theft incidents overall decreased 10.9% year over year to 824 from 925. Drilling down, the data showed that traditional straight thefts accounted for 451 of the total incidents, while the rest were more advanced strategic-type thefts.

In terms of commodities thefts, Lewis noted that tariff anxiety has compelled criminals to shift which commodities they鈥檙e focusing on. Food and beverage was once again the top commodity category with 27 reported incidents during the quarter. Tied at 23 incidents each were metals along with apparel and accessories, while 21 household goods thefts were reported.



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Keith Lewis

尝别飞颈蝉听

鈥淲e saw a slight downturn in the activity,鈥 Lewis said of the first quarter, but noted that there has been a 鈥渟ignificant increase鈥 in the second quarter.

鈥淲e are starting to see a little bit more specialization around product types within certain areas of the country,鈥 added Danny Ramon, director of intelligence and response at cargo protection specialist Overhaul. 鈥淎nd that really indicates that we鈥檙e dealing with quite a few different crews, and all of these crews have very disparate liquidation channels. So they鈥檙e all going after what鈥檚 most interesting and most attractive to them.鈥

Overhaul in its first-quarter report found that cargo theft events increased 36% year over year to 505, with pilferages comprising 48% of all reported incidents. The report found that the theft concentrations were primarily centered on California at 39% and Texas at 21%. Overhaul said the reported increase in theft activity indicates more organized operations and expanding geographic targets.

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Danny Ramon

搁补尘辞苍听

鈥淭he trends have not necessarily changed, we鈥檙e still going in the wrong direction,鈥 said Ramon. 鈥淐alifornia is still the No. 1 state for cargo theft, but there鈥檚 been some pretty significant change within that because, even though it鈥檚 still No. 1, its lead is diminishing.鈥

The Transported Asset Protection Association saw record attendance while hosting its T1 National Cargo Theft Summit in May. TAPA Americas Chairman Scott Cornell said the increased interest included numerous discussions on how criminals are shifting and evolving their strategies.

鈥淭hrough most of my career in cargo theft, there were, at any given time, five or six methods in play,鈥 said Cornell, who also works as the transportation lead, and crime and theft specialist, at the insurance firm Travelers. 鈥淎s I look today across the industry, and a takeaway from the national summit, is that there鈥檚 probably 15 or more methods in play at any one time right now.鈥

Cornell noted a fundamental shift in cargo thefts that occurred between 2020 and 2022, pivoting from small regional crews focused on straight thefts to more sophisticated, technological and international operations that now dominate. He says this change has caused confusion for companies trying to defend themselves.

鈥淭he industry is really starting to see that these methods are evolving quicker than they have in the past 鈥 there are nuances to the methods,鈥 Cornell said. 鈥淭hat鈥檚 one of the biggest takeaways from Q1.鈥

On a global basis, BSI Consulting in its Q1 2025 Quarterly Risk Intelligence Outlook reported that 70% of cargo thefts involved trucks. In North America that rises to 80%.

鈥淲e see it throughout the United States, really centered around Southern California,鈥 said Tony Pelli, global practice director for security and resilience at BSI. 鈥淏ut we also are now seeing [it] in other parts of North America, especially around Toronto and in Ontario, Canada.鈥

He added that rail thefts, while accounting for just 8% of Q1 cargo thefts, are becoming more prevalent.

鈥淩ail theft continues to be an issue, once again centered in Southern California,鈥 he said.

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