
What happened
Investigators say thefts of data center gear have clustered since June 2026, with the two most extreme cases among them; Verisk CargoNet pegs losses at over $100 million.
Why it matters
Thieves are using phishing to hijack freight brokers' and carriers' accounts and posing as legitimate haulers to win high-value loads, investigators say.
WHO IT HITSLogistics and freight-security teams moving high-value hardware, plus data center operators and their suppliers, face a theft risk that investigators say has shifted toward organized, cyber-assisted targeting since June 2026.
Summaries like this, every morning.
The thefts are a side effect of a scramble for AI hardware. Investigators say the value of equipment used to build data centers has jumped over the past two years, and that pricey gear — GPUs, servers, fiber optic cable, copper wire and bitcoin mining machines — now moves frequently, giving thieves more targets.
According to Verisk CargoNet, the pattern is shifting. Cargo theft incidents fell 26% year-on-year in Q2 2026, yet losses rose by more than $100 million and reached more than double the prior-year level. That gap suggests thieves are going after fewer, richer loads rather than more of them.
Keith Lewis, Verisk CargoNet's operations chief, put it in blunt terms: stealing this gear is like stealing gold bars, and easier than robbing a bank. Some experts think basic steps can help, with Scott Cornell of the Transportation Asset Protection Association's US chapter pointing to thorough driver background checks by carriers.
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