Cargo theft up 1 percent

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Updated Aug 28, 2013

cargo theftCargo thefts were up 1 percent in the period from May-July 2013 compared with the previous period, February-April 2013, according to a FreightWatch International Supply Chain Intelligence Center report.

A total of 185 thefts were reported in May (69), June (88) and July (61). The average loss per incident was valued at $147,260, up 23 percent from the previous quarter.

Food and drink were the most commonly stolen goods at 25 percent of the total, and electronics were next at 17 percent, according to the report.

California remained the state with the most thefts, with Texas ranked second. The 55 thefts in California accounted for 25 percent of all incidents across the United States. Texas had 34 thefts (16 percent of the total), while Illinois reported 31 (14 percent), making it ranked third. Florida dropped from third position to number four, having experienced 23 thefts (11 percent) in the rolling quarter.

Following the usual trend, incidents involving theft of trailer/container, 165 in all, were most common and accounted for 76 percent of all thefts. Thefts involving deceptive pickup remained the same as the previous three months at 19 incidents, comprising 9 percent of all thefts.