Verisk CargoNet aids Manhattan DA indictment targeting $5 million cargo theft impersonation ring

Verisk Analytics, Inc.

Verisk Analytics, Inc.

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  • Verisk subsidiary CargoNet supported a Manhattan DA cargo-theft indictment tied to a multi-state impersonation ring targeting freight shipments.
  • Indictment alleged nearly USD 5 million of stolen goods; CargoNet analysts helped identify fictitious pickup patterns used in coordinated thefts.
  • CargoNet logged 767 cargo-theft incidents in Q1 2026, estimating USD 131.6 million in losses.
  • California, Texas, New Jersey accounted for more than half of incidents; warehouses, distribution centers remained the most targeted locations.
  • Data flagged a shift toward organized impersonation tactics, reducing opportunistic theft while raising complexity for shippers and insurers.


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