Sunbelt Finance SensiGuard-2q2017-2017-08-09-14-55 Cargo Thefts down in 2nd Quarter Industry News

Cargo Thefts down in 2nd Quarter


Reports by SensiGuard and CargoNet show a decline in cargo thefts for the second quarter of 2017.

There were 126 cargo thefts, which is a 10 percent decline from the first quarter of 2017. The average loss per theft was $140,162. Compared to the second quarter of 2016, cargo thefts were down 28 percent.

The most stolen products were food & drink (17%), home & garden (16%) and electronics (13%).

The states with the most cargo thefts were California (29%), Texas (15%), Tennessee (12%), Florida (9%) and Georgia (4%).

There were 110 tractors and 109 trailers reported stolen in the second quarter. Truckload thefts (74%) accounted for most cargo thefts.


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