Cargo Theft & Freight Fraud by the Numbers

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  Record cargo theft incidents

• 3,625 thefts reported in North America in      2024 — a 27% increase from 2023 nypost.com+13ttnews.com+13over-haul.com+13.
   
• Another source reports 3,798 U.S. incidents      — a 26% year-over-year rise scw-mag.com+1nypost.com+1.
   

Estimated financial losses

• Total reported losses in 2024 reached about $455 million, with actual      losses likely exceeding $1 billion sdcexec.com+4scw-mag.com+4nypost.com+4.
   
• Cargo theft is estimated to cost the supply chain      industry up to $35 billion      annually nypost.com+15globenewswire.com+15talkbusiness.net+15.
   

Rising frequency & value

• Overhaul reported 2,217 U.S. thefts in      2024—a 49% annual increase, averaging 6 per day talkbusiness.net+2over-haul.com+2over-haul.com+2.
   
• 39% of cargo thefts in early 2024      occurred Monday–Tuesday, with weekend attacks down .
   

Sophisticated, identity-driven fraud

• Identity-based cargo theft grew from 8%      in 2020 to ~33% of total thefts in 2024 scw-mag.com+2pymnts.com+2nypost.com+2.
   
• Highway’s Freight Fraud Index reported over 400,000      fraud attempts in Q1 2025—including email phishing, spoofed calls, and stolen MC      numbers freightwaves.com+2globenewswire.com+2sdcexec.com+2.
   

Industry reports and surveys

• The Transportation Intermediaries Association (TIA)      recorded a 65% jump in freight fraud reports from Sept      2024–Feb 2025 over-haul.com+15dcvelocity.com+15globenewswire.com+15.
   
• Nearly all respondents (97%) identified truckload      freight as the most fraud-prone mode ajot.com.