Cargo theft cost U.S. Class I railroads more than $100 million in 2024, the Association of American Railroads said, calling for more federal efforts to address the problem and more effective prosecution of those arrested.
The AAR said in a recently released fact sheet that organized criminal groups are increasingly targeting freight moves, with estimates that more than 65,000 such thefts occurred in 2024. That would represent an approximately 40% increase. Railroads also say suspects are...
https://www.freightwaves.com/news/railroads-say-freight-theft-cost-more-than-100-million-in-2024