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Train Thieves Steal $200 Million in Cargo a Year

Railroads are expanding AI cameras and fencing as gangs steal high-value goods in minutes, with Memphis thefts falling 80%, CSX said.

Summary by Transport Topics
The major freight carriers are joining with local police, the FBI and corporate security teams, investing millions of dollars in monitoring technology, drones, barbed-wire fencing and other improvements.

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On January 14, 2022, in downtown Los Angeles, California, a Union Pacific Railroad train passed over a section of tracks littered with thousands of open boxes and packages. These items were left behind by thieves who stole and tore open cargo containers while the train was stopped. (Patrick T. Fallon/AFP via Getty Images)

·New York, United States
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Freight train theft has become one of the most costly vulnerabilities in American logistics. In 2025, thieves stole more than $200 million worth of goods in about 75,000 incidents reported on U.S. freight rail networks, according to an organization that represents major industry operators, including CSX, BNSF Railway and Union Pacific. The phenomenon, amplified after the outbreak of the pandemic, is forcing rail companies to invest millions of d…

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Fortune broke the news in New York, United States on Monday, August 17, 2026.
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