Of those incidents, 58 percent involved theft of a trucking vehicle, while 54 percent involved theft of cargo and 7 percent were classified as fraud, CargoNet said.
A total of 192 cargo theft incidents were recorded, with an average loss value of approximately $149,522.
California had the most cargo thefts during the quarter with 51 reported theft incidents.
Although Texas usually comes in second, Ontario took the spot, which saw a 262 percent year-over-year increase in reported cargo thefts. Reported crime in the province exploded in the fourth quarter of 2016 and seems to have continued into the first quarter of 2017, CargoNet explained. Most theft reports in the province came from the Greater Toronto area.
Overall, reported cargo thefts across the U.S. and Canada during the quarter typically occurred in secured yards, followed by warehouse locations and parking lots.
In terms of product type, food and beverages were the most commonly stolen items during the quarter, accounting for 31 percent of all reported cargo thefts, followed by household items at 15 percent.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now