While most states saw increases in cargo thefts, Illinois (126%), California (72%) and Texas (22%) had the most dramatic increases. (Credit: Jason Doiy/ALM) While most states saw increases in cargo thefts, Illinois (126%), California (72%) and Texas (22%) had the most dramatic increases. (Credit: Jason Doiy/ALM)

Theft and fraud targeting logistic and transportation industries hit a record during the first quarter of 2024, according to CargoNet, which reported a 46% increase in these incidents compared with the same period the year prior and a 10% increase compared with the previous quarter. In total, there were 925 incidents during Q1 2024.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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