: Cargo thieves loaded up during the pandemic. Here are the items they most like to steal.

by | Jun 18, 2022 | Stock Market

Cargo theft ramped up during the pandemic, as the supply-chain snarls that upended so many businesses also provided thieves more opportunity to commit their crimes. Moreover, there was a shift in the types of cargo being stolen the most, mirroring the blend of scarcity and desirability wrought by the supply-chain problems that still leave businesses and consumers with fewer choices today.

According to Verisk Analytics Inc.’s
CargoNet, a cargo-theft prevention and recovery network, the total loss value of stolen goods reported to the network reached $19 million in the first quarter of this year. That’s a 73% increase from $11 million in the first quarter of 2021 and a 90% increase from $10 million in the first quarter of 2020. Here are the comparisons for the past three years:

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