Cargo Theft Statistic for Q3 2017

From Commercial Carrier Journal:

The most-stolen products during the quarter were building and industrial products, accounting for 19 percent of total thefts in the quarter with an average loss value of $66,418. Food and drinks and home and garden products tied for second-most stolen products at 18 percent each.

Also from the article:

SensiGuard says Texas beat out California for the state with the most reported cargo theft incidents in the quarter, accounting for 24 percent of all thefts – a 105 percent increase over the second quarter. California also accounted for 24 percent of thefts nationwide, followed by Florida, Georgia and New Jersey at 9 percent each.

Worth noting that Transit Risk Management HQ is located in Southern California with satellite offices in Texas and Florida.

Commercial Carrier Journal’s headline reads: “Cargo thefts up in third quarter”
The article is comparing statistics from Q3 to Q2 in 2017; which does not take into account seasonal pattern. We feel it is more appropriate to compare quarterly statistic year-over-year. As we are approaching the Holiday Season, there are generally more merchandise being transported compared to different times of the year.

TBT: What is Cargo Theft? (2010)

ThrowBack Thursday (TBT)

What is “Cargo Theft”?
From 2010 FBI online archive:

“Cargo is any commercial shipment moving via trucks, planes, rail cars, ships, etc., from point of origin to final destination. If merchandise is stolen at any point in between—highway, truck stop, storage facility, warehouse, terminal, wharf, etc.—then it’s considered cargo theft.”