Cargo Theft Surge: Crime Up 13% in Latest Report
Cargo theft rose 13% in Q2 2025, with organized crime targeting high-value freight like metals and food, leading to over $128 million in estimated losses.
Second Quarter of 2025 Cargo Theft Data Shows Sharp Rise Across U.S.
Cargo theft rose sharply in the second quarter of 2025. According to CargoNet, there were 884 reported cargo thefts in the U.S. and Canada. That’s a 13% increase from the same quarter in 2024 and a 10% jump over Q1 2025. These incidents continue to impact supply chains and freight security across North America.
Cargo Theft Losses Top $128 Million in Q2 2025
CargoNet estimates total losses exceeded $128 million in just three months. This figure includes both verified and estimated theft values. As the quarter progressed, the number of cases also climbed. April saw a 14.6% rise. May increased by 4.4%. Then, in June, thefts surged another 21.9%.
This steady increase reflects a growing challenge for carriers and shippers.
High-Value Freight at Greater Risk
Certain types of freight are being targeted more often. In Q2 alone:
Food and beverage loads were stolen in 180 reported cases, up 68%.
Metals, especially copper, saw a 96% rise, with 53 incidents.
These loads are attractive because they are easy to resell and hard to trace. Market demand plays a big role. Thieves now focus on what brings the highest return, especially during economic shifts.
Organized Crime Behind Many Cargo Theft Incidents
Cargo theft no longer involves random break-ins. Today’s cases are often carried out by organized crime groups. These operations use fake IDs, stolen documents, and even fraudulent carriers. Their tactics are complex and calculated.
Keith Lewis, Vice President of Operations at Verisk’s CargoNet, explained: “These aren’t opportunistic crimes. They’re calculated operations targeting goods with the highest illicit‑market value.”
Thefts are also more likely to occur at unsecured yards, rest stops, or during handoffs between brokers and drivers.
Reported vs. Estimated Losses
The value of the cargo stolen is often underreported. While CargoNet confirmed over $61 million in direct losses, its full estimate is double that. Many thefts involve entire trailer loads, and actual values can’t always be tracked immediately. Insurance and recovery delays also affect reporting accuracy.
What Fleets Can Do to Prevent Cargo Theft
Carriers can take several steps to reduce risk:
- Install layered security: Use door locks, GPS tracking, and geofencing.
- Train drivers: Educate them on fraud detection and theft prevention.
- Strengthen verification: Double-check carrier and broker identities.
- Monitor loads: Use real-time systems to track high-value shipments.
- Share alerts: Work with law enforcement and industry groups like CargoNet.
These efforts make it harder for organized thieves to succeed.
Cargo Theft Expected to Stay High
Cargo theft activity remains a serious concern. If current trends continue, more high-value freight could be lost in the months ahead. Organized groups will likely adjust tactics, but strong partnerships and early warnings can help fleets stay ahead.
Summary:
Cargo theft surged by 13% in Q2 2025. Organized criminals are behind most thefts, targeting metal and food loads. With over $128 million in estimated losses, the trucking industry faces growing pressure to boost security and stop these crimes before they happen.
