{"id":83527,"date":"2026-02-10T08:20:42","date_gmt":"2026-02-10T11:20:42","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/891011012"},"modified":"2026-02-10T08:20:42","modified_gmt":"2026-02-10T11:20:42","slug":"cargo-theft-losses-surge-to-725-million-in-2025","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/10\/cargo-theft-losses-surge-to-725-million-in-2025\/","title":{"rendered":"Cargo Theft Losses Surge to $725 Million in 2025"},"content":{"rendered":"<figure class=\"wp-block-image alignwide size-full\">&lt;img data-recalc-dims=&quot;1&quot; title=&quot;Shore crane loading containers in freight ship | Agency Checklists&quot; decoding=&quot;async&quot; width=&quot;1254&quot; height=&quot;837&quot; data-attachment-id=&quot;47380&quot; data-permalink=&quot;https:\/\/agencychecklists.com\/2020\/09\/29\/2020-market-share-report-top-ocean-inland-marine-insurers-46224\/shore-crane-loading-containers-in-freight-ship\/&quot; data-orig-file=&quot;https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?fit=1254%2C837&amp;ssl=1&quot; data-orig-size=&quot;1254,837&quot; data-comments-opened=&quot;1&quot; data-image-meta=&quot;{&quot;aperture&quot;:&quot;8&quot;,&quot;credit&quot;:&quot;Getty Images\/iStockphoto&quot;,&quot;camera&quot;:&quot;NIKON D800&quot;,&quot;caption&quot;:&quot;Shore crane loading containers in freight ship&quot;,&quot;created_timestamp&quot;:&quot;1408811342&quot;,&quot;copyright&quot;:&quot;Prasit Rodphan&quot;,&quot;focal_length&quot;:&quot;38&quot;,&quot;iso&quot;:&quot;800&quot;,&quot;shutter_speed&quot;:&quot;0.0125&quot;,&quot;title&quot;:&quot;Shore crane loading containers in freight ship&quot;,&quot;orientation&quot;:&quot;1&quot;}&quot; data-image-title=&quot;Shore crane loading containers in freight ship&quot; data-image-description data-image-caption=&quot;<\/p>\n<p>Shore crane loading containers in freight ship<\/p>\n<p> &#8221; data-medium-file=&#8221;https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?fit=449%2C300&amp;ssl=1&#8243; data-large-file=&#8221;https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?fit=600%2C400&amp;ssl=1&#8243; src=&#8221;https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?resize=1254%2C837&amp;ssl=1&#8243; alt class=&#8221;wp-image-47380&#8243; srcset=&#8221;https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?w=1254&amp;ssl=1 1254w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?resize=449%2C300&amp;ssl=1 449w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?resize=600%2C400&amp;ssl=1 600w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2020\/09\/iStock-515222231.jpg?resize=200%2C133&amp;ssl=1 200w&#8221; sizes=&#8221;(max-width: 1000px) 100vw, 1000px&#8221;&gt;<\/figure>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<h2 class=\"wp-block-heading\">Sophisticated Criminal Networks are Exploiting the US Supply Chain Says NICB<\/h2>\n<p class=\"has-drop-cap\">The U.S. is in the middle of a surge in cargo thefts, according to the National &lt;a class=&quot;glossaryLink cmtt_general&quot; aria-describedby=&quot;tt&quot; data-cmtooltip=&quot;<\/p>\n<div class=\"glossaryItemTitle\">Insurance<\/div>\n<div class=\"glossaryItemBody\">General term for a policy-based risk transfer arrangement.<\/div>\n<p>&#8221; href=&#8221;https:\/\/agencychecklists.com\/glossary\/insurance\/&#8221; data-mobile-support=&#8221;0&#8243; data-gt-translate-attributes=&#8221;[{&quot;attribute&quot;:&quot;data-cmtooltip&quot;, &quot;format&quot;:&quot;html&quot;}]&#8221; tabindex=&#8221;0&#8243; role=&#8221;link&#8221;&gt;Insurance<\/a> Crime Bureau, as the supply chain is increasingly targeted by organized crime due to its \u201clow-risk, high-reward\u201d nature. The NICB estimates that six to eight cargo thefts occur every day in the U.S., with an average per-value theft of over $200,000. A recent example occurred in Massachusetts, with the DOJ arresting and charging a New York-based man for the theft of crabmeat, blueberries, and cologne in Worcester. <em>See <a href=\"https:\/\/agencychecklists.com\/2026\/02\/09\/multi-state-cargo-theft-conspiracy-targets-crabmeat-blueberries-and-more-in-massachusetts-80027\/\">Multi-State Cargo-Theft Conspiracy Targets Crabmeat, Blueberries, and More in Massachusetts<\/a><\/em><\/p>\n<p>\u201cMost cargo thefts are not the result of small operations, rather they are committed by well-funded, sophisticated criminal businesses,\u201d explained NICB President and CEO David J. Glawe during his testimony before the U.S. Senate Judiciary Committee in July, 2025. \u201cThese criminal networks are exploiting supply chain vulnerabilities and abusing new technologies to finance other illicit activities, including drug and weapons trafficking and terrorism. The impacts are felt on kitchen tables across the country through higher prices.\u201d<\/p>\n<p>Continuing in his testimony, Glawe explained that over the past 18 months, the NICB had already assisted in more than 240 cargo-crime investigations, resulting in over 70 recoveries valued at nearly $40 million. Since 2022, the organization has opened an average of about 150 commercial cargo-crime cases each year. The NICB estimates that cargo theft costs the U.S. economy approximately $35 billion annually.<\/p>\n<h3 class=\"wp-block-heading\">Key points highlighted in Glaw\u2019s testimony<\/h3>\n<ul class=\"wp-block-list\">\n<li> <strong>The U.S. is experiencing a historic spike in cargo thefts:<\/strong>&nbsp;The value of stolen merchandise and estimated losses broke the $1 billion mark for the first time in 2023, going on to increase 27% in 2024. These figures are projected to increase another 22% by the end of 2025.<\/li>\n<li><strong>Transnational criminal organizations are reaping the rewards:&nbsp;<\/strong>Through cyber-enabled logistics manipulation and new methods of identity theft, cargo theft has gone unchecked for too long.<\/li>\n<li><strong>Stolen goods are often used to fund darker criminal enterprises:&nbsp;<\/strong>Items ranging from everyday consumer goods to high-end luxury are sold in illicit markets, fueling drug trafficking, arms dealing and terrorism.<\/li>\n<li><strong>NICB and law enforcement collaborate closely to counter cargo theft:&nbsp;<\/strong>NICB\u2019s special agents and intelligence analysts maintain strong relationships with federal, state and local law enforcement to investigate and dismantle organized cargo theft rings to recover stolen goods.<\/li>\n<li><strong>Support for CORCA (S. 1404):&nbsp;<\/strong>Glawe reaffirmed NICB\u2019s support for the Combating Organized Retail Crime Act to expand federal coordination and enforcement capabilities in investigations of interstate and transnational theft.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Cargo Theft Losses Jumped 60% in 2025 Even as Incident Counts Held Steady, CargoNet Says<\/h3>\n<p>CargoNet, a business of Verisk , says estimated losses from supply-chain crime surged in 2025 despite little change in overall incident volume. Losses rose to nearly $725 million in 2025\u2014up 60% from 2024\u2014as organized criminal groups increasingly targeted higher-value shipments. The average value per theft climbed to $273,990, up 36% from $202,364 in 2024.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-opt-id=1544304359  fetchpriority=\"high\" decoding=\"async\" data-recalc-dims=\"1\" title=\"Cargo Theft | Agency Checklists\" width=\"1563\" height=\"936\" data-attachment-id=\"80091\" data-permalink=\"https:\/\/agencychecklists.com\/2026\/02\/10\/cargo-theft-losses-surge-to-725-million-in-2025-80057\/cargo-theft\/\" data-orig-file=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2026\/02\/Cargo-Theft.jpg?fit=1563%2C936&amp;ssl=1\" data-orig-size=\"1563,936\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Cargo Theft\" data-image-description data-image-caption data-medium-file=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2026\/02\/Cargo-Theft.jpg?fit=501%2C300&amp;ssl=1\" data-large-file=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2026\/02\/Cargo-Theft.jpg?fit=600%2C359&amp;ssl=1\" src=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/agencychecklists.com\/wp-content\/uploads\/2026\/02\/Cargo-Theft.jpg?resize=1563%2C936&amp;ssl=1\" alt class=\"wp-image-80091\"><\/figure>\n<\/div>\n<h3 class=\"wp-block-heading\">Losses rose as confirmed cargo thefts increased<\/h3>\n<p>3,594 supply-chain crime events across the United States and Canada were recorded by CargoNet in 2025, essentially unchanged from 3,607 events in 2024. But, the company reported a sharper increase in incidents involving confirmed cargo theft, which rose 18% year over year to 2,646 from 2,243.<\/p>\n<p>That divergence\u2014flat overall events but higher losses\u2014reflects a shift in how theft groups are operating. \u201cCriminal enterprises are becoming more selective and sophisticated, targeting extremely high-value shipments rather than relying on opportunistic theft,\u201d said Keith Lewis, vice president of operations at CargoNet. \u201cThis strategic shift explains how losses can rise 60 percent even as overall incident volume holds steady.\u201d<\/p>\n<h3 class=\"wp-block-heading\">Theft dispersed geographically, with increases in several states<\/h3>\n<p>Theft activity also continued to spread beyond traditional hotspots. California remained the most affected state, with 1,218 incidents, with a shift away from Los Angeles County (down 11%) toward regions it described as historically lower-risk, including Kern County (up 82%) and San Joaquin County (up 44%).<\/p>\n<p>Outside California, notable year-over-year increases were reported in New Jersey (up 50%), Indiana (up 30%), and Pennsylvania (up 24%).<\/p>\n<h3 class=\"wp-block-heading\">Commodity targets shifted toward food, metals, and high-value technology<\/h3>\n<p>The report also noted marked changes in the targets of theft. Food and beverage thefts spiked 47% to 708 incidents, with meat and <a href=\"https:\/\/agencychecklists.com\/2026\/02\/09\/multi-state-cargo-theft-conspiracy-targets-crabmeat-blueberries-and-more-in-massachusetts-80027\/\" target=\"_blank\" rel=\"noopener\" title=\"Multi-State Cargo-Theft Conspiracy Targets Crabmeat, Blueberries, and More in Massachusetts\">seafood<\/a> and tree nuts \u201cparticularly affected,\u201d and patterns varying by region. It also reported a 77% rise in metal theft, attributing the increase largely to demand for copper products.<\/p>\n<p>At the same time, CargoNet said theft of consumer-grade electronics such as televisions and personal computers declined. In their place, organized groups increasingly focused on enterprise computing hardware and cryptocurrency mining equipment. Vehicle-related products\u2014including tires, auto parts, and motor oils\u2014also \u201cremained attractive,\u201d with a notable focus on engines and components bound for domestic vehicle assembly plants.<\/p>\n<h3 class=\"wp-block-heading\">Outlook for 2026: continued high-value targeting and theft-by-deception risks<\/h3>\n<p>Looking ahead, CargoNet said it expects continued targeting of high-value technology products in 2026, including RAM modules, storage drives, and enterprise computing equipment. It also anticipates \u201ctheft by deception\u201d groups will increasingly misdirect shipments tendered to legitimate carriers, bypassing compliance controls that have traditionally centered on the tendering process.<\/p>\n<p>CargoNet said it is also monitoring national developments around nondomiciled CDL enforcement, noting that complex schemes can involve acquiring motor carriers with strong load histories\u2014and that shifting enforcement and market conditions could create new openings for fraudulent operations.<\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; Worcester. See Multi-State <span class=\"match\">Cargo<\/span>-Theft Conspiracy Targets Crabmeat, &#8230; collaborate closely to counter <span class=\"match\">cargo<\/span> theft:\u00c2\u00a0NICB\u00e2\u0080\u0099s special &#8230; Counts Held Steady, <span class=\"match\">CargoNet<\/span> Says <span class=\"match\">CargoNet<\/span>, a business of &#8230; deception risks Looking ahead, <span class=\"match\">CargoNet<\/span> said it expects continued &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-83527","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/83527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=83527"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/83527\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=83527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=83527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=83527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}