Third Annual Vehicle Theft Awareness Month

 

Boomerang Tracking Inc. launched the third annual Vehicle Theft Awareness Month in July as an education initiative to bring the reality and consequences of construction equipment theft and valuable theft protection information to the public’s attention. Equipment theft continues to be a major issue and can have an even bigger impact in a tough economy.

Last year, Boomerang commissioned a Rogers Research Group survey to demonstrate how pervasive and expensive the issue is for businesses in the construction industry. “While most business owners might turn a blind eye and think that theft happens to ‘everyone else’, construction equipment theft is not rare,” commented Scott Nilson, Boomerang Tracking’s general manager. “Almost half of respondents (46%) reported that they have experienced a theft on their job site. Even more concerning is that a third (31%) have experienced theft more than once and that 63% of stolen equipment was never seen again.”

According to the survey, only 8% of equipment owners had security alarms on all vehicles and a mere 6% had a silent tracking device hidden in the equipment.

The following are highlights of Boomerang Tracking’s recent equipment recoveries:

Four Machines Stolen in 2 Days in the GTA – The recovery began with a 2009 Ingersoll Rand which had been stolen from the client’s job site in Toronto, Ontario, and recovered on a nearby street. The next day, thieves broke the perimeter fence of another client in North York and got away with 2 pieces of equipment – a 2001 Case 1840 and a 2006 Bobcat 334 – which were found at a construction site in Vaughan. Finally, a 2008 John Deere 410J and its trailer were stolen from a client’s company lot located in Bolton and later recovered on a nearby street. A total recovery estimated at over $180,000.

Four Recoveries for the Price of Two – The recovery of a stolen 2008 Bobcat 2200D and a 2004 Kubota L3400D which were stolen from a tree farm located in Langley, British Columbia, led local police authorities to the additional discovery of a stolen flat deck trailer and a mini bike. The tracking team located the signal of the recovery device which was pointing at a private property in Abbotsford. Local law enforcement were immediately advised and arrived shortly thereafter with a search warrant for the premises. The Kubota was discovered under a tarp and the Bobcat was inside a tent. A total recovery estimated at over $30 000

A thief chooses the wrong parking spot – A client called Boomerang Security Central to report a theft after noticing that his 2006 Caterpillar 303.5 was missing from his jobsite located in the Quebec region. The thief also got away with a 1983 International truck, which was not equipped with a recovery device and was used to transport the Caterpillar machinery. The Boomerang recovery team was immediately dispatched and located the vehicle while it was being parked by the thief. The local police arrived shortly thereafter onto the scene to recover the stolen vehicles and arrest the thief. A total recovery estimated at over $50 000.

Construction Equipment Theft Costs Money
These recoveries are only three examples of the real, tangible impact theft has on construction companies every day. Equipment owners need to take effective, proactive and timely measures to avoid the hassle, cost and downtime associated with it. Considering that insurance claims for equipment can take far longer than the 30-day standard for vehicles, until a theft claim is settled, a stolen piece of equipment generates absolutely no revenue for the business.

These common situations can add up to significant expense to business owners,not to mention insurance premium hikes that usually affect an entire fleet.

“Every year millions of dollars in profits are lost due to opportunistic equipment thieves. The construction industry deserves to know the best ways to protect themselves from becoming a victim of theft. Boomerang Tracking has over 15 years of experience in the field, and is committed to raising awareness of the problem and to continuing to be a major part of the comprehensive solution against construction equipment theft which can happen everywhere,” commented Mr Nilson.

Free tools to Learn More
As part of Vehicle Theft Awareness Month to educate the population about heavy equipment theft and highlight the layered approach to vehicle protection, Boomerang Tracking has published the Keeping Track – Construction Edition booklet, a guide to protect construction equipment from theft.

Real Results
To date, the Boomerang Tracking devices have aided in the recovery of nearly 7000 vehicles and other assets with an approximate value of $350 million, including incidentals.

Source: Boomerang Tracking

 

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