Cargo theft reaches record highs, costing businesses millions

CCJ Digital, By Pamella De Leon, August 13, 2025

Cargo theft continues to be a growing threat for businesses, insurers and supply chains. CargoNet reported that more than $63 million in goods were stolen in the first quarter of 2025 alone, with an additional $7.5 million lost over the Fourth of July holiday. The average stolen load now exceeds $200,000.

In the last 18 months, the National Insurance Crime Bureau (NICB), which supports Customs and Border Protection in preventing insurance fraud and crime, has assisted in more than 240 cargo crime investigations and more than 70 recoveries valued at nearly $40 million.

“When manufacturers are forced to account for stolen merchandise, the costs are passed along to the consumer,” said NICB President and CEO David J. Glawe.

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