We Bring You Expert Insights and Industry Data, Monthly.

Click Here For Current Issue!

CARGO THEFTS UP 15% in 2022

A recent analysis by Verisk Analytics-owned CargoNet revealed that cargo thefts in the U.S. and Canada jumped 15% in 2022. Events that involved theft of at least one heavy commercial vehicle such as a semi-truck or semi-trailer rose 17% year-over-year while events that involved theft of cargo surged 20%, according to the Jersey City, N.J.-based data firm. The company also noted a 600% increase in fictitious cargo pickups, which combine identity theft and cargo theft.

The average value of cargo stolen was $214,104 per event. CargoNet estimates $223 mill-
ion in cargo was stolen across all events in 2022. Almost half of all thefts occurred in three states — California, Texas and Florida — but thefts in Georgia jumped 34% from 2021 to 2022. Top locations targeted by thieves were warehouses/distribution centers and parking lots. Although household goods and electronics were stolen most often, CargoNet said scarcity and rising costs drove illicit market demand for raw beef, poultry and pork as well.

FR Buyer

FR Buyer

Industry news straight from the Frozen & Refrigerated Buyer publication.

Leave a Reply

Got News?

Let us know!

Email Warren at


On Key

Related Posts

Half-Dipped Yogurt Bars

Casper’s Ice Cream, Richmond, Utah, expands its gluten- and dairy-free Jolly Llama lineup with a collection of Half-Dipped Yogurt Bars. The probiotic-rich frozen treats come

No-Sauce Garlic Parm Wings

Greeley, Colo.-based Pilgrim’s introduces no-sauce Garlic Parm Chicken Wings that allow consumers to “get lost in flavor, not sauce.” Made with all-natural chicken raised without

Extra Hot Pockets

Solon, Ohio-based Hot Pockets, part of the Nestlé USA portfolio, partners with First We Feast, maker of the popular YouTube series Hot Ones, to create

Bavarian Pretzel Sticks

J&J Snack Foods, Mt. Laurel, N.J., maker of the SuperPretzel lineup, brings its most popular foodservice pretzel to the freezer aisle. Free of artificial flavors,

Grab & Go Family-Size Meals

Drake’s Fresh Pasta Co. High Point, N.C., offers a full line of restaurant-quality grab-and-go meals under its Parla Pasta brand. Made with only the finest,



contact us

Or reach us directly:

Paul Chapa, Co-Founder & Managing Partner
913-481-5060 or paul@frbuyer.com

Warren Thayer, Co-Founder & Managing Partner
603-252-0507 or warren@frbuyer.com