NASHVILLE, Tenn. (WKRN) — Cargo thefts are on the rise in Tennessee, with the Midstate now ranking fourth for having the highest volume of cargo thefts in the country.
However, recent data from Overhaul—a company that tracks cargo theft data as well as other supply chain risks—shows the first decline in year-over-year nationwide cargo theft since 2021. Memphis is one hot spot of note, which saw a 27% increase in cargo thefts compared to last year.
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“Even though we saw less activity than we saw in last year’s first quarter, the drop from Q4 to Q1 was less than we typically see,” said Danny Ramon, Director of Intelligence and Response at Overhaul. “Seeing Tennessee come into the top five is a little bit of a new development, and most of that activity is centered around Memphis, not exclusively by any means, but it’s definitely a hotspot within the state, and that’s because it is a major freight crossroads, not just for over-the-road freight but also it’s an intermodal hub for air cargo.”
Overhaul experts said semis are one of the most common means of stealing cargo in Tennessee…