Theft of a tractor is always bad news for a company. Insurance claims, time off the road and reputation issues for failing to deliver a customer’s load are all negative outcomes. Add in the current high truck demand and manufacturing constraints and it may be quite a while before your equipment can be replaced, doing further financial damage to your business. According to CargoNet’s 2021 Supply Chain Risk Trends Analysis 1,285 supply chain risk events occurred across the United States and Canada in 2021. Fifty-five percent of events involved theft of at least one heavy commercial motor vehicle, like a semi-tractor, semi-trailer, or intermodal chassis or container. So how can you protect your equipment? Below are 5 tips:
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