Cargo theft is rising sharply across North America, with criminals increasingly targeting high-value commodities and employing complex fraud tactics, according to new data from CargoNet, a product of Verisk Analytics. In the second quarter of 2025, CargoNet recorded 884 supply chain theft incidents across the United States and Canada—a 13% increase over the same period in 2024 and a 10% rise from the first quarter of this year. The estimated total loss exceeded $128 million, based on average loss values applied to incidents without specific reports. The data also shows a month-over-month acceleration in theft ... (full story)