Rocky Mountain Tracking

Daily GPS News

10 Billion In Cargo Lost Annually

October 19th, 2010

Cargo loss in North America surpasses 10 billion annually. Not only can the loss of cargo total massive sums of money, but there are additional costs to consider including:

  • Trailer Loss Costs ($40,000+)
  • Investigation Costs ($5,000+)
  • Loss of Customer Confidence (invaluable)

Taking preventative measures against cargo theft can prevent insurance premiums from rising while keeping truckers safe. The best pro-active measure against cargo theft is a GPS tracking device.

Where There’s a Market, There’s a Way

Cargo theft wouldn’t happen if stolen goods couldn’t be sold. Unfortunately, there is now a market for every type of good ranging from pharmaceuticals to baby products. More often than not, truck hijackers are seeking to make a quick dollar by selling goods. In addition, many of these thieves resell trucks to willing buyers.

Truck hijacking is no longer a petty thief’s game. Modern hijackers are often associated with organized crime rings. As a result, the lives of truck drivers everywhere are in more danger now than ever before. The good news is that a driver doesn’t have to protect cargo with his life if a GPS tracker is in place.

Protecting Drivers With GPS

Being a truck driver used to mean risking one’s life in order to keep freight safe. Today, drivers can simply walk away from a load during a hijacking. How is this possible? Even if a driver walks away, a truck equipped with a GPS tracker can still be tracked. Further, in the eventuality that hijackers leave a truck behind in order to steal cargo, this cargo can still be tracked if it has been outfitted with GPS tracking devices.

It is no longer necessary for drivers to risk their lives. Technology has stepped in to take the place of armed guards, and (in almost every instance) GPS trackers have proven more efficient. Trucking companies don’t have to swallow the costs of stolen goods, trailers, and investigations. Even more importantly, companies no longer have to worry about drivers or losing customer confidence. A GPS tracker may be a small thing, but it is also the most powerful weapon trucking companies have against cargo theft.

Post Written by Harriette Halepis

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Rocky Mountain Tracking

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