Cargo Theft Declines in 2014, Average Value Increases
The number cargo thefts in the U.S. fell last year compared to 2013, but the average value of the heists increased.
Cargo theft prevention and recovery service provider CargoNet said there were 844 cargo theft incidents last year, down from 1,098 in 2013. For all of 2014, $89.5 million in stolen cargo in the U.S. was reported to CargoNet. Electronics losses were the costliest, with the average value at $549,539, and totaling more than $42 million for the year.