New analysis indicates cargo theft reaches new heights during Labor Day weekend, according to Verisk CargoNet.
Labor Day thefts over the past five years have shown an escalation in theft over the long weekend.
“Labor Day weekend has become a prime hunting ground for cargo thieves, with criminal activity more than doubling since 2020,” says Keith Lewis, vice president of Operations at Verisk CargoNet. “Our analysis of 214 theft events between the Thursday before Labor Day through the Wednesday after over the past five years shows a clear pattern of escalating criminal behavior. Friday has emerged as the most dangerous day of the Labor Day period, accounting for 45 thefts over five years, with 2024’s Friday before Labor Day recording a record-high of 16 incidents in a single day.”…