CargoNet has reported a significant increase in cargo thefts in the second quarter of 2023, with 582 recorded incidents in the United States and Canada.

As the nation emerged from the pandemic, smash-and-grab robberies drew attention in California, targeting high-end stores.

Cargo theft has reached a decade-high, with the second quarter of 2023 witnessing a 57% increase compared to the previous year, totaling 582 thefts across the U.S. and Canada.

Incomplete data and strained law enforcement can create an environment that is permissive to cargo theft, as thieves are able to exploit gaps in security, intelligence, and enforcement.

According to CargoNet, a total loss value of $6,033.572 has already been recorded between August 1st and December 14th of 2022.

In a Jonesboro, Arkansas truck repair show last Tuesday, a group of thieves stole 25 18-wheeler tires during the night.

Unattended cargo containers are sitting ducks for ambitious thieves.

In the past five years alone, there have been 114 cargo thefts reported over the 4th of July holiday. The total loss in value was $5,535,417.

Cargo theft is increasing as congestion at the ports leaves containers like sitting ducks.

Companies and drivers alike are becoming more concerned about the safety of their workers as crime upticks in the transportation industry.

While the number of thefts did not increase, the value of cargo theft skyrocketed.