Cargo thefts top US$111 million as New York metro area becomes leading hotspot
Cargo thieves stole almost US$111.88 million in goods across the United States and Canada in the third quarter of 2025, with the New York metropolitan area emerging as the top hotspot for organized crime groups.
CargoNet recorded 772 cargo thefts during the quarter, up 1% from the same period last year and down 10% from Q2 2025. While overall theft volumes remained relatively steady, the financial toll soared to unprecedented levels as thieves zeroed in on high-value freight such as enterprise computer hardware, cryptocurrency mining equipment, and copper.
In New Jersey, theft incidents spiked 110% compared to a year earlier, while neighboring Pennsylvania saw a 33% rise. Historically high-theft states California and Texas posted smaller year-over-year increases of 11% and 12% respectively.
