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Verisk CargoNet reported that supply chain crime events across the United States and Canada declined by 5.3% in the first quarter of 2026. However, confirmed cargo theft reports rose slightly, by 41 incidents.
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According to Verisk CargoNet, cargo theft volume held steady in 2025, but thieves shifted to higher-value freight and new geographies, pushing total losses to nearly $725 million, a 60% increase.
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Based on a five-year review of reported incidents and confirmed attempts, Verisk CargoNet anticipates elevated cargo-theft risk from Dec. 23, 2025, through Jan. 2, 2026, and has issued a cargo-theft advisory.
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Cargo theft is expected to increase over the Thanksgiving holiday period, and theft in 2025 already has escalated to more than $318 million in stolen cargo by mid-November, according to Verisk CargoNet.
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Verisk CargoNet's analysis of 184 cargo thefts occurring between July 1-7 over the past five years reveals critical patterns logistics companies should consider addressing leading up to the Fourth of July.
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Verisk CargoNet has released its annual Memorial Day weekend theft trends report, which indicates that cargo theft risk is at an all-time high as the holiday period approaches.
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CaroNet, based on data from previous years, warns fleets to prepare for increased cargo theft risks during the Thanksgiving holiday period, which runs from the Tuesday before until the Monday after.
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