Cargo Theft Declines in Second Quarter
Cargo thefts declined in reported incidences and value in the second quarter, according to CargoNet, a provider of information designed to prevent cargo theft.
North American thefts were down $17.9 million over the same time period last year. Thefts for the quarter, valued at $17.2 million, stood at 296, or 79 fewer than last year.
California racked up the most cargo thefts in the quarter, with Texas following. Even so, thefts in the Golden State were down 53% over the previous second quarter, and Texas’ were down 51% year-over-year.
In the second quarter, 110 tractors and 109 trailers were stolen across the United States and Canada. Thefts of tractors were down 17%, and thefts of trailers declined 29% compared with the second quarter in 2016. Intermodal chassis and containers were stolen at a slightly higher rate, with 25 stolen units this past quarter versus 21 in 2016.
Cargo theft and trucking vehicle theft contracted, “but we caution transportation professionals to stay guarded because crime will likely increase again,” CargoNet said in a press release.
