CargoNet recorded 771 theft incidents in the second quarter of 2024, representing a 33% increase compared to the second quarter of 2023. However, theft activity decreased by 10% from all-time highs established in the first quarter of 2024. CargoNet's analyst team noted slight behavioral shifts in the country's most prolific organized cargo theft groups operating in Southern California. Across the board, these groups evolved to be more discriminating in their shipment targets, stealing high-value freight like motor oil and computer electronics less frequently.
CargoNet
Information Services
Jersey City, NJ 1,831 followers
The Cargo Theft Prevention and Recovery Network
About us
A Verisk product, CargoNet® helps prevent cargo theft and improve recovery rates through secure and controlled information sharing among theft victims, their business partners, and law enforcement. CargoNet is centered on a national database and information-sharing system managed by crime analysts and subject-matter experts. By applying a synchronized, layered approach, CargoNet exploits the weakness of cargo thieves at multiple points. CargoNet offers integrated databases, a theft alert system, task force and investigations support, and a tractor/trailer theft deterrence program. CargoNet also provides driver education and incentives, secondary-market monitoring and interdictions, crime trend analysis and loss control services, and training. More information on CargoNet can be found at www.cargonet.com.
- Website
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http://www.cargonet.com
External link for CargoNet
- Industry
- Information Services
- Company size
- 11-50 employees
- Headquarters
- Jersey City, NJ
- Type
- Public Company
- Founded
- 2009
- Specialties
- Cargo Theft Prevention & Recovery, Investigative Support, 24-Hour Operations Center, and Decision-Based Analytics
Locations
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Primary
Verisk Crime Analytics
545 Washington Blvd.
Jersey City, NJ 07310, US
Employees at CargoNet
Updates
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CargoNet Warns of Heightened Cargo Theft Risk During July 4th Holiday Week https://bit.ly/july4_24
CargoNet Warns of Heightened Cargo Theft Risk During July 4th Holiday Week
cargonet.com
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Memorial Day Weekend Cargo Theft Trends and Security Tips Supply chain professionals should be on high alert this upcoming Memorial Day weekend because cargo thieves will seek to leverage extended business closures. CargoNet, a Verisk business, reviewed theft data from 2019 to 2023 for the Thursday prior to Memorial Day to the Wednesday after to help supply chain professionals mitigate theft. There were 146 events reported with an average of 29 events per year. The stolen cargo in each event was worth an average of $264,016 - due in part to 3 thefts that exceeded $1 million in property stolen...
Memorial Day Weekend Cargo Theft Trends and Security Tips
cargonet.com
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CargoNet reposted this
📰 NEWS | Spot has joined CargoNet® from Verisk, a leading global data analytics and technology provider, to fortify its defenses against a surge in cargo theft. This strategic alliance leverages secure data sharing, investigative expertise, and advanced risk analysis to safeguard Spot's customers and maximize cargo recovery rates. Learn more: https://lnkd.in/d5WcEBDH #logistics #freight #supplychain #lossprevention
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In the first quarter of 2024, criminal activities impacting the logistics and transportation industry reached new highs, even amidst the sustained crime wave that began in late 2022. CargoNet documented a staggering 925 incidents, marking a substantial 46% increase compared to the first quarter of 2023 and a concerning 10% rise from the fourth quarter of 2023.
2024 First Quarter Supply Chain Risk Trends Analysis
cargonet.com
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CargoNet's excited to be an exhibitor at the #TIA2024CON ! Visit booth 813 to learn about the latest cargo theft recovery and fraud prevention solutions.
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Cargo theft is rising faster then my blood pressure in NYC traffic. https://lnkd.in/e3n2bqqW #cargotheft #cargonet
Cargo Theft Soars 57% in 2023: Unpacking New Data and Prevention Strategies
bnnbreaking.com
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What's behind the rise in cargo theft this season?
Last Call (@LastCallCNBC) on X
twitter.com
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CargoNet reports that supply chain theft activity remains extremely high and believes it will continue into the holiday season as experienced cargo thieves will seek to exploit a target-rich environment of unattended trucks and closed warehouses.
Winter Holiday Cargo Theft Trends and Security Best Practices
cargonet.com
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CargoNet is warning supply chain professionals that the threat of cargo theft activity is extremely high this upcoming Thanksgiving holiday. CargoNet has been tracking a sharp increase in cargo theft reports which started in November 2022.
Thanksgiving Cargo Theft Trends Infographic and Security Tips
cargonet.com
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