CargoNet – the New Jersey-based data- and information-sharing company that works with law enforcement and motor carriers to combat cargo theft – just released the results from its 2024 First Quarter Supply Chain Risk Trends Analysis. The results showed a 45% increase in cargo thefts compared to the first quarter of 2023. The average value of each stolen load in the first quarter was $281,757, with an estimated total loss of more than $154 million.
CargoNet said the dramatic increase in cargo theft is coming in part because of what it calls “complex fraud schemes, which result in entire loads being picked up and never delivered or delivered with digitally altered paperwork to hide the theft from the customer.” The company listed five suspicious activities every driver and carrier should be aware of:
Fraud is rampant, often beginning with identity theft. On a daily basis, brokers and carriers are dealing with stolen loads and thieves are getting between legitimate brokers and carriers to steal loads.
In March, ICSA’s executive director Shawn Nelson was privileged to attend the annual conference for the Truckload Carriers Association (TCA). Truckload 2026 was packed with information that ICSA is committed to bringing back to its members.
Safety is a priority not just because it prevents accidents; it also helps make a carrier profitable. Every smart decision behind the wheel can save lives and reduces costs.
The Federal Motor Carrier Safety Administration issued a Final Rule, effective March 16, 2026, on non-domiciled commercial driver’s licenses – CDLs held by foreign-domiciled truck drivers operating in the U.S.