Cargo Theft Losses Surge in 2025: Key Trends to Watch

Cargo theft is escalating rapidly, posing a growing threat to the supply chain as criminals increasingly target high-value freight and exploit operational vulnerabilities. Verisk CargoNet’s 2025 Supply Chain Risk Trends reports what, where, and how thieves are attacking.

Key takeaways from the report include:

• • In 2025, estimated losses climbed to nearly $725 million, a 60% increase from 2024.
  • Criminals are focusing on high-value shipments, with the average value per theft now at $273,990.
  • The top targeted locations are warehouse/distribution centers and truck stops.
  • California, Texas, and Illinois continue to account for more than half of all reported cargo theft incidents, while New Jersey, Pennsylvania, and Indiana saw notable spikes in activity. 
  • Metal theft rose by 77%, reflecting increased demand and resale opportunities in illicit markets.

Read the full report here.

Insurance Policy Review

As your trusted partner, we’re committed to helping you stay fully protected against evolving cargo theft risks. Review your insurance policies thoroughly to ensure you have comprehensive coverage and avoid any potential gaps in coverage in the event you need to file a claim.

Our Shipper’s Interest Cargo Insurance coverage can be tailored to meet your specific business needs. For more information or for a policy review, contact your local Avalon representative or email us at letsconnect@avalonrisk.com.