Cargo thieves don't take Labor Day weekends off
The most targeted cargo was electronics, household goods, such as furniture and appliances, and clearing supplies.
When it comes to cargo theft in the U.S., thieves increase their activity around the Labor Day weekend, according to CargoNet from Verisk, which analyzed trends from the Thursday before the holiday weekend through the Wednesday after Labor Day from 2017-2021.
During the analyzed period, the Friday before Labor Day and Tuesday after the holiday saw the most activity. In 20% on incidents, the cargo was last seen on Friday and 27% of complaints about theft are reported the day after Labor Day, CargoNet reported.
The most targeted cargo was electronics, household goods, such as furniture and appliances, and clearing supplies.
Similar to Memorial Day theft trends, California, Texas and Florida see the most Labor Day Thefts, according to CargoNet.
The National Insurance Crime Bureau reported the total cost of cargo theft in the U.S. ranges from $15-$35 billion annually.
The above infographic from CargoNet reviews more of the data from Labor Day cargo thefts and offers tips to help commercial policyholders keep their cargo safe while in transit.
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