Fewer Cargo Thefts, Bigger Losses: Average Theft Value Jumps 72 Percent Year to Date

Verisk CargoNet reported 547 supply chain crime incidents in Q3 2026, down 33% year-over-year, but estimated losses surged to $230.1 million, up 12% from Q3 2025. Fictitious pickups now account for approximately 25% of incidents, up from 18% a year earlier. High-value thefts increased significantly, with 19 incidents valued at $1 million or more compared to nine in Q3 2025, driven by targeting of electronics and data center materials.