by Mike Yarwood, Managing Director Loss Prevention, TT Club

The 2023 edition of the Cargo Theft Report, prepared together with our partners from BSI, pinpoints high inflation as the primary macroeconomic driver of cargo crime patterns.

For example, there was an increase from 16% to 21% of stolen food and beverages (including alcohol) in global trade. Electronics were slightly down at 9% of incidents but still significant in terms of value.

At 71%, road remains the most common mode. At the same time, facilities as a location for theft went down from 30% to 23%.

'Top' risk countries include Mexico, the US, South Africa, Germany, and Italy, with modus operandi differing region-to-region (e.g., 'blue light crime' in South Africa and 'insider activity' in Asia). Download PDF