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Supply Chain Graphic of the Week: Trends in Cargo Theft 2021, According to CargoNet

 

 

 

Thefts were actually Down 15% Last Year, but Average Value was Steep $172,000

 

March 17, 2022

 

 

The supply chain security firm CargoNet is out with its annual summary of cargo thefts in the US for 2021, this year in the form of a infographic released in the last week or so. We publish that graphic below:

 

Source: CargoNet

 

Actually, the data in the text from the CargoNet web page summarizing 2021 theft data was frankly more interesting than the infographic. That data includes:

 

• CargoNet recorded 1,285 supply chain risk events across the United States and Canada in 2021, a 15% decrease in activity year-over-year.

55% of events involved theft of at least one heavy commercial motor vehicle, which includes semi-tractors, semi-trailers, or intermodal chassis or container.

 

54% of events involved theft of cargo or attempted theft of cargo. The average cargo value per cargo theft was $172,340, for an estimated total of $57.90 million in cargo stolen across the United States and Canada in this analysis period.

 

Cargo thieves continued to show a strong preference for electronics shipments, which saw a significant 34% increase year-over-year. Specifically, CargoNet has noted increased targeting of consumer electronics shipments – particularly computers and accessories.

Household items were the second-most stolen commodity but dropped compared to 2020. Household cleaning supplies saw a major decrease from 2020, which CargoNet mostly attributesd to the increase in demand for cleaning supplies and household paper products particularly at the start of the pandemic.

 

In contrast, food and beverage thefts dropped 35%, for reasons that are unclear.

 

Any reaction to our Supply Chain Graphic of the Week? Let us know your thoughts at the Feedback button below.

 

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