Cargo theft reporting firm CargoNet received 447 reports of cargo theft in the third quarter of 2016.
The 447 total reports – which included 309 incidents of vehicle theft, 201 incidents of theft of cargo and 25 incidents of fraud – represent a 2 percent increase over the third quarter in 2015. Additionally, CargoNet says 202 tractors and 192 trailers were stolen during the quarter.
The 201 cargo thefts are a 9 percent decrease from 2015’s third quarter, CargoNet reports. These thefts decreased in most states, according to the firm, but California saw a 40 percent increase in year-over-year cargo thefts with 59 reported thefts. CargoNet says its data shows a 13 percent decrease in thefts in Los Angeles County, but an enormous 229 percent year-over-year increase in San Bernardino County. Behind California, Texas was the state with the most thefts with 28 cargo thefts.
CargoNet logged 192 cargo theft incidents in 2016’s second quarter worth an estimated $39 million. The total worth of cargo thefts represented a $1.3 million ...
In total, CargoNet saw $23.7 million in cargo stolen during 2016’s third quarter, which is down $8.2 million from the same period last year. Of the 201 cargo theft incidents, six had values higher than $1 million.
Electronics were the costliest of stolen items, representing $7.8 million worth of the total losses in the quarter. Theft of household items, at $4.6 million, was the second highest for the quarter. Despite the high values of these commodities, food and beverage items were the most-stolen in the quarter, CargoNet reports.
The firm says warehouse locations were the most common for thefts, but theft at secured yards increased by 100 percent year-over-year.