Cargo theft has been a persistent issue in the logistics industry, but the first quarter of 2024 saw a significant uptick in cargo theft incidents. Driven by ongoing supply chain disruptions and shortages, data reveals a near-record level of thefts expected this year, with 925 reported incidents in just the first three months of 2024. This represents a 46% increase compared to the same period last year, and the total value of stolen cargo is nearing $76 million.

Winter is upon us, and businesses throughout North America are running in high gear to meet end-of-the-year deadlines and to prepare for the new year. At the same time, the winter months can bring more volatility to your supply chain and shipping practices.