Out of a total of 881 incidents of cargo theft in 2015, the estimated total value of stolen cargo was more than $175 million, according to CargoNet’s annual theft trend analysis.
CargoNet said it received loss value on 53 percent of reported cargo thefts, and based on that total, estimated the overall value of stolen cargo in 2015 to have been $175,303,399. A total of 10 thefts were recorded by CargoNet worth more than $1 million.
California reported the most cargo thefts during the year with 158 incidents and a total loss value of $18.7 million. Texas wasn’t far behind with 130 recorded thefts and $12.2 million in value stolen. Florida (98 thefts), Georgia (97) and New Jersey (80) rounded out the top five states for cargo thefts.
Of note from CargoNet’s report, 49 percent of reported cargo theft incidents occurred between Friday and Sunday, with Friday being the most common day. Wednesday was the least common day for cargo theft occurrences.
Food and beverage items were the most stolen commodity, totaling 28 percent of all stolen cargo. Electronics and household items each accounted for 13 percent of all stolen items.