Check what clicks on foxbusiness.com.
Breath For the second consecutive year in the United States and Canada, the trend is expected to continue as criminal companies have become more advanced in their methods.
The annual analysis of Verisk Cargonet, released this week, showed that cargo theft has increased from 2023 to 2024 % and last year with 3625 reported incidents with average value of $ 202,364 per robbery , Reported to the record of 3625 accidents. All of the damages are said to be estimated at more than $ 454 million.
According to Cargonet, the robbery gained a high record in the United States in 2024, which expects the trend to continue. (Cargonet / foxbusiness)
The study showed that California and Texas had the highest increase in theft activities, with the hobs jumped 33 % in the Golden State and 39 % in the state of Lone Star.
Based on the findings, thieves of the trailer and complete theft of the high -level trailer continued, especially in large areas of metropolis, including Los Angeles, Dallas Fort, Atlanta and New York City. Dallas County, Texas, led 78 % of the incidents. Los Angeles County, California-Traditionally an area with a high-activity area has increased by -50 %.
Retail robbery 93 % increases before the Coveid-19 epidemic: “wolf retailers haven't cried”
Cargonet also announced a significant change in the type of stolen goods last year. While in 2023 it saw repeated theft of motor oils, liquids, solar energy products and energy drinks, 2024 showed a strategic axis by criminal companies. The new targets included raw and finished copper products, consumer electronics and Cryptocurrency mine hardware.
The robbery reached another record in 2024. (ISTOCK / ISTOCK)
The analysis also showed that targeting specific consumed goods, including products such as avocado and nuts, along with personal care products from cosmetics to vitamins and supplements, especially protein powder.
Specialist alerts 'Great Problem' for US Economy Increased
Cargonet Vice President Keith Lewis explained in an interview that there are two main types of robberies: the first traditional method of robberies that steal directly from a truck or train, and the other is through fraud, often involving manipulation of currency exchanges. Shipping is online to guide the entire loads using false information such as fake companies.
He said the burglary – often carried out by criminal companies abroad – has increased by 1445 %, while traditional theft has increased by about 20 %. He explained that since the Coveid-19 epidemic, the robbery has increased by about 90 %.
A cargo ship and yacht through Cocoli locks on the Panama Canal, in Panama, on August 12, 2024. (Arnulfo Franco / AFP through Getty Images / Getty Images)
Louis, a former state police officer, says the federal law does not have the resources needed to properly deal with the issue, so the burden will return to the logistics industry to provide solutions.
“But the solutions are costly, and that's the pressure,” he said. Business of the foxHuman beings “as well as, when you change the way you move, slow down the supply chain. And when you slow down the supply chain, this can probably paralyze the infrastructure.
Get Fox Business on a move by clicking here
At the same time, increasing theft at higher prices helps everyone.
“Everyone is doing it now,” Louis said. “The rates go up, Insurance Rises, costs rise, shipping rates, what I charge the carrier goes up. The carrier takes it and returns it to its fee, and they raise the price, and you and you pay each time we buy it. “