Cargo crime in the US hit another record high in 2011, as criminal gangs escaped with hauls worth an average of almost $320,000 – but this figure is down on recent years. In its annual US Cargo Theft Report, FreightWatch International, a global logistics security services provider, said 974 cargo theft incidents were recorded last year. Of the 974 cargo thefts recorded, 853 (87.5%) were full‐truckload or container thefts and 34 (3.4%) were burglaries at freight facilities. According to FreightWatch, the most commonly targeted loads were food and beverage products, electronics and building materials. Specific items most targeted by criminals – owing to their ease of movement on the black market – include TVs, canned food, mobile phones and canned energy drinks. A substantial decline in the total value of pharmaceuticals stolen for the year was the most significant contributing factor to the decrease in the loss value per incident, said Freightwatch.