Cargo Theft: The What, How, Where and When
Cargo theft can happen anywhere from the warehouse to the parking lot to the truck stop. It can happen with anything from electronics to personal care products at any time of the day or night. The facts might surprise you. Check out this infographic to learn more about the latest trends.
CARGO TRENDS Q1 2024
Q1 2024 INCIDENT ANALYSIS
How Much, Where, What, When and from Which Location Cargo Is Being Stolen
Understanding current trends in cargo theft is a giant step forward in helping protect cargo from theft occurring in the first place. As part of Travelers’ ongoing commitment to reducing theft risk, we’re sharing an overview of Q1 2024 in partnership with CargoNet, an industry-leading source of incident data.*
How Much Is Being Stolen?
925
incidents reported
+45.67%
compared to Q1 2023
+9.86%
compared to Q4 2023
$76.03M
stolen in Q1 2024
What Is Being Stolen?
Vehicles & Accessories
Q1 2023 43
Q1 2024 55
Household Products
Q1 2023 58
Q1 2024 94
Electronics
Q1 2023 66
Q1 2024 81
Food & Beverage
Q1 2023 128
Q1 2024 94
Building Materials
Q1 2023 14
Q1 2024 14
Other
Q1 2023 27
Q1 2024 38
Commercial/Industrial
Q1 2023 49
Q1 2024 22
Personal Care & Beauty
Q1 2023 2
Q1 2024 34
Metals
Q1 2023 14
Q1 2024 25
Apparel & Accessories
Q1 2023 14
Q1 2024 63
Pharma & Medical
Q1 2023 3
Q1 2024 20
When Are Thefts Occurring?
JAN
2023 224
2024 299
FEB
2023 176
2024 338
MAR
2023 235
2024 288
From Which Locations Is Cargo Being Stolen?
363
Warehouse/Distribution Center
61
Parking Lot
50
Truck Stop
38
Side of Road
349
Other
25
Unsecured Yard
30
Secured Yard
9
Port/Rail
To find out more about Travelers Inland Marine Cargo Theft Prevention, contact your Travelers representative or visit travelers.com/transportationresources.com
*Q1 2024 CargoNet Quarterly Incident Analysis
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