Reported 1 day ago
Allianz Commercial's annual Safety and Shipping Review has highlighted a troubling rise in cargo theft, identifying it as both more frequent and sophisticated compared to previous years. In North America alone, cargo thefts reached $455 million with a 27% increase in reported incidents in 2024. The report indicates that food and household items are the primary targets, while the methods employed by thieves are becoming more advanced. It urges shippers to adopt stricter risk management practices and continually analyze theft trends to safeguard their shipments effectively.
Source: YAHOO