Average cargo theft value rises 72% year to date, Verisk reports
VRSK•Verisk’s analysis found estimated cargo theft losses through September rose 39% year over year to $718.9 million, while the average documented value of stolen cargo increased approximately 72% to $448,456.
1. Theft losses and incidents
Verisk’s analysis showed cargo theft losses rose 12% year over year to $230.1 million in the third quarter of 2026. Reported supply chain crime incidents across the US and Canada fell 33% to 547. Fictitious pickups made up approximately 25% of quarterly incidents, up from 18% a year earlier, despite declining 6% to 138.
