Cargo Thefts Cost Billions

An article published yesterday in the Dallas Morning news (http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/092308dnmetcargothefts.1847711.html), details the extreme cost of cargo theft. The article stated that the FBI estimates $15-30 BILLION dollars are being stolen yearly in cargo hijacking.

In this article, the author talks about how thieves stake out distribution centers and execute planned heists. These are sophisticated criminals taking hundreds of thousands of dollars.

Yesterday, one of our fleet GPS tracking customers called to let us know one of their trucks had been taken by a rouge employee. As a result of having our GPS tracking system for their fleet, they were able to locate and retrieve their truck later in the day. It took a call to the police, but in the end, the truck was at the company's shop at the end of the night.

$50,000 worth of equipment and truck that was retrieved rather than lost for good all because they had installed a GPS tracking system.

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Steven Van Ooyen
Chief Technology Officer
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