Verisk CargoNet reports higher cargo theft losses despite fewer incidents
Verisk CargoNet logged 547 cargo and supply chain crime incidents in the U.S. and Canada between July and September 2026, a 33% drop from the same period of 2025. Estimated losses still rose 12% to $230.1 million, up from $205.1 million a year earlier. The average value of stolen commodities with documented values climbed about 72%, to $448,456. Year-to-date losses reached $718.9 million, a 39% increase. Fictitious pickups numbered 138, close to the 147 recorded a year earlier, but made up about 25% of reported activity, compared with 18% in the third quarter of 2025. California reported 182 incidents, ahead of New Jersey with 46, Illinois with 40 and Texas with 43. Food and beverage was the top commodity category at 94 incidents, and metals ranked second with 63, including 34 copper thefts.
Summary of reporting by FleetOwner. HaulTimes did not report this story.