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'Wild West out there': Cargo theft reports soar in Canada, but that's just the tip of the iceberg [Yahoo! Finance Canada]

Verisk Analytics, Inc. (VRSK)  More Company Research Source: Yahoo! Finance Canada
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Truck thefts jumped to 984 from 591 and trailer thefts rose to 638 from 383 in the first three quarters of 2025 compared with the same period a year ago, according to data collected from insurers, transportation firms, retailers and law enforcement. Reported cargo thefts increased slightly to 139 from 132, but that significantly understates the real volume, Sid Kingma, director of Investigative Services, Western Canada, at Équité Association, said. “If 638 trailers were stolen, but only 139 loads were reported missing, that suggests nearly 500 empty trailers went missing — an unlikely scenario,” he said, adding that many thefts go unreported because companies fear reputational damage, are self-insured up to certain thresholds or want to avoid insurance premium increases. “It's a bit of a Wild West out there.” There was a record 27 per cent jump in cargo theft across the United States and Canada in 2024, according to Verisk Analytics Inc.'s CargoNet, with 3,625 incidents. The aver [Read more]
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Stockreport

'Wild West out there': Cargo theft reports soar in Canada, but that's just the tip of the iceberg [Yahoo! Finance Canada]

Verisk Analytics, Inc.  (VRSK) 
More Company Research Source: Yahoo! Finance Canada
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Truck thefts jumped to 984 from 591 and trailer thefts rose to 638 from 383 in the first three quarters of 2025 compared with the same period a year ago, according to data collected from insurers, transportation firms, retailers and law enforcement. Reported cargo thefts increased slightly to 139 from 132, but that significantly understates the real volume, Sid Kingma, director of Investigative Services, Western Canada, at Équité Association, said. “If 638 trailers were stolen, but only 139 loads were reported missing, that suggests nearly 500 empty trailers went missing — an unlikely scenario,” he said, adding that many thefts go unreported because companies fear reputational damage, are self-insured up to certain thresholds or want to avoid insurance premium increases. “It's a bit of a Wild West out there.” There was a record 27 per cent jump in cargo theft across the United States and Canada in 2024, according to Verisk Analytics Inc.'s CargoNet, with 3,625 incidents. The aver [Read more]
IMPACT SNAPSHOT
EVENT TIME:
VRSK
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Price Change
Price Change %
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Volume Ratio
%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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SINCE EVENT
Multi-day stock performance from the time of the news release
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Low:
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Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
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PERFORMANCE SINCE EVENT
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