Supply chain risk events across the United States and Canada rose over 15% in 2022 from the previous year, according to the latest data from CargoNet, with 1,864 thefts reported. This adds up to an estimated $223 million in cargo stolen in 2022 alone. The end of 2022 saw the highest amount of theft activity with 526 events in the fourth quarter – an increase of over 31% from Q4 2021.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected]

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