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24 September 2026

40% of loss prevention professionals report annual cargo theft losses topping $1M

Downunder Voices Newsroom

Source reporting: FreightWaves

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40% of loss prevention professionals report annual cargo theft losses topping $1M

Cargo theft losses now reach at least $1 million annually for 40% of leaders surveyed by SmartSense. Another 28% report yearly costs exceeding $2 million from stolen freight. The study polled 150 U. S. -based loss prevention and organized retail crime professionals.

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