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by rustyconover 814 days ago
Percentages without a scale of the absolute value aren’t that easy to interpret.

Sure, you’re telling me the slope is steep compared to being flat, but is it the side of an ant hill or the Himalayan mountains? Both can be very steep, relatively.

2 comments

I agree! I had to drill down into the article a little and found this:

https://www.cargonet.com/news-and-events/cargonet-in-the-med...

To quote their media announcement:

CargoNet® has recorded 692 events across the United States and Canada in the third quarter of 2023, a 59% increase when compared to the third quarter of 2022. Like in the second quarter of 2023, much of the increase is due to ongoing shipment misdirection attacks, a kind of strategic cargo theft in which actors use stolen motor carrier and logistics broker identities to obtain freight and misdirect it from the intended receiver so they could steal it. In total, thieves stole over $31.1 million in shipments in the third quarter of 2023.

Here are some concrete numbers for Q2 2023 - https://www.cargonet.com/news-and-events/cargonet-in-the-med...