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- Cargo Theft Losses Jump 60% in 2025 as Criminals Target Higher-Value Freight
Cargo theft across North America did not spike dramatically in volume during 2025, but the financial impact surged as organized criminal groups became far more strategic. New data from Verisk CargoNet shows that estimated cargo theft losses climbed to nearly $725 million, a 60% increase compared with 2024. During the same period, confirmed theft incidents rose a more modest 18%, highlighting a major shift in how criminals are operating. Rather than stealing opportunistically, organized crime groups are now focusing on fewer but far more valuable shipments. The average loss per incident jumped 36%, rising from about $202,000 to nearly $274,000 per theft. According to CargoNet, this change explains why losses climbed sharply even though incident growth remained relatively controlled. Cargo Theft Is Becoming More Strategic Industry experts say cargo theft has fundamentally changed over the past several years. Criminal groups are investing time and resources into identifying high-value… ...[TheTopNews] Read More.23 hours ago - UnitedHealth posts modest earnings beat, soft revenue guidance as insurer plots turnaround
UnitedHealth expects 2026 revenue to come in greater than $439 billion, which is a 2% year-over-year decline that reflects "right-sizing across the enterprise." ...[TheTopNews] Read More.23 hours ago - Boeing is set to report earnings before the bell. Here’s what Wall Street expectsBoeing's aircraft deliveries have surged over the past year as the manufacturer expects to continue to increase production. ...[TheTopNews] Read More.24 hours ago
- General Motors is set to report earnings before the bell. Here’s what Wall Street expects amid...GM plans to record $7.1 billion in special charges for the fourth quarter of 2025 related to its pullback in electric vehicles and restructuring in China. ...[TheTopNews] Read More.1 day ago
- Health insurers tumble after Trump administration proposes keeping Medicare Advantage rates flat nex...Shares of large Medicare plan providers Humana, CVS Health and UnitedHealth Group plunged in extended trading. ...[TheTopNews] Read More.1 day ago
- Assessing the First Wave of Winter Storm Fern
The first wave of Winter Storm Fern has moved across the Southeast and lower Midwest, bringing a mix of snow, ice, and widespread travel disruptions that are already affecting freight movement. As forecasted, Interstate 40 has become the dividing line between snow to the north and significant ice accumulation to the south, creating dangerous road conditions across multiple states. Several major interstates have been partially or fully shut down as conditions deteriorated. Interstate 70 has experienced multiple closures throughout Missouri near St. Louis due to snow-covered roads and traffic accidents. First responders have reported difficulty reaching crash sites because of slick conditions and limited visibility. Farther south, nearly every interstate leading into Dallas has closed because of ice, effectively isolating the metro area for freight traffic. Despite these closures, officials report no widespread power outages in Texas or surrounding states so far. Conditions have also worsened steadily in… ...[TheTopNews] Read More.2 days ago
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