Cargo Thefts Declined in 2021

Although thefts from parked trains in Los Angeles made national headlines earlier this year, a report by Insurance Journal says that cargo thefts overall fell in 2021.

Citing CargoNet’s annual Supply Chain Risk Trends report, Insurance Journal said cargo thefts fell 15 percent compared to 2020 reports.

There were 1,285 cargo thefts in the United States and Canada last year, leading to losses of $57.9 million.

That compares with 1,517 thefts and $66 million in losses in 2020.

CargoNet director of operations Keith Lewis said it is difficult to determine how much thefts from Union Pacific trains in Los Angeles have contributed to the overall numbers because railroads have their own police departments and do not always report thefts to law enforcement agencies.

That said, CargoNet said California led the nation in cargo thefts last year with 276. Texas and Florida had 12 reported thefts apiece.

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