In 2024, Overhaul recorded 2,217 cargo thefts in the United States, marking a 49% increase in volume and a 17% increase in average value when compared to 2023. In Canada, 85% of all thefts took place in Ontario, and Theft of Full Truckload remained the most popular method, comprising 64% of total thefts. Electronics was once again the most targeted product type in both countries, making up 24% of all thefts in the US and 31% of those across Canada. 

These are just a few of the statistics to come out of our latest US and Canada Cargo Theft Annual Report, which examines evolving theft patterns over the previous year. In addition to this information, we provide a deep dive into US thefts involving Rail and Train Yards, as well as recommendations for how to keep your cargo protected. 

As cargo theft in the US and Canada continues to grow, shippers must be aware of each country’s unique risks. We hope our report helps keep your cargo secure as you navigate new and evolving threats throughout the rest of 2025 and beyond.