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Article: Trailer tracking offers financial benefits.(TRAILER TOPICS)(truck trailers theft prevention)
- Article from:
- Fleet Equipment
- Article date:
- October 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Babcox Publications, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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With a rise in trailer/cargo theft comes increased interest in remote asset management solutions among fleet managers who want to protect valuable cargo shipments. In the past year, high-profile news stories have reported valuable assets disappearing from trucks, rail sidings, ships and utility properties. According to a 2007 report by the FBI's Major Theft Unit, cargo theft was estimated to cost the U.S. between $10 billion and $30 billion per year. That number is expected to rise as economic conditions continue to deteriorate.
The demand is rising not only among the shippers and carriers but also among companies that have ...