Cargo crime incidents in North America fall, but losses rise 39%
Verisk CargoNet recorded 2,072 supply chain crime incidents in Canada and the US through 23 October, 25% fewer than in the comparable 2025 period, while cargo theft losses rose 39% year on year.
Verisk CargoNet recorded 2,072 reported supply chain crime incidents across Canada and the US through 23 October. That is 25% fewer than the 2,755 incidents recorded in the comparable period in 2025.
Cargo theft losses, however, rose 39% year on year. The trend is linked to organised criminal networks increasingly exploiting identity fraud, carrier impersonation and weaknesses in freight verification.
Reported incident numbers are therefore falling even as financial losses mount.
This LogisticsSOS summary was prepared with AI assistance. The original source is linked above; information may require further verification.