AssetTheft Infographic 0419 dir...RHODE ISLAND connecticut massachusetts new hampshire vermont...

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FleetLocate helps you optimize fleet operations, reduce fuel costs, and keep customers happy. Talk with a fleet management specialist at 1-800-557-1449, or request a demo at Spireon.com. http://www.ner.net/wp-content/uploads/2017/10/Annual-Theft-Report-2016.pdf First Analysis Securities, 2013 https://www.techvalidate.com/product-research/fleetlocate Survey results from 247 small to medium sized U.S.-based businesses using FleetLocate by Spireon . Survey conducted in March 2018. All data presented is third-party validated by TechValidate. Please visit https://www.techvalidate.com/product-research/spireon/ to learn more. spireon.com 20% GPS Tracking Leads to Faster Recovery Times According to the National Equipment Register, delays in reporting are one of the main reasons for low recovery rates. The faster you’re able to report information to the police, the faster your equipment is recovered. Fleet tracking solutions, like FleetLocate, give you the ability to monitor the locations of your assets and receive alerts when a piece of equipment is moved off the jobsite or if the engine is started up after works hours. This real-time data can help law enforcement track down the thieves and recover your valuable assets. of surveyed customers agree that FleetLocate helped recover a lost asset Law enforcement recovers as little as of stolen equipment. 91% Anti-theft devices can lead to a reduction in insurance costs 5-15% “No vehicle or driver will ever be lost as long as you have this service.” — Julian Shanks, Field Operations Manager, CSL Services, Inc. Source: TechValidate. https://www.techvalidate.com/tvid/311-789-651 $ $ $ $ These numbers do not factor in the losses from business interruption, such as short-term rental fees, project-delay penalties, increased insurance premiums, and lost productivity. THE COST OF EQUIPMENT THEFT $400M (300M-1B Variance) Estimated Annual Loss $29,258 Average Stolen Equipment Value Sources Equipment Theft Heats Up In The Summer Theft levels closely correspond with peak construction periods, like during the summertime when the weather is favorable. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 1400 1200 1000 800 600 400 200 0 Note: Graph shows the month in which the equipment was reported stolen. Types of Equipment Stolen (High Price + Easy to Move = The Perfect Score) 70% Skid Steer 22% Backhoe 8% Wheel Loader Thieves target equipment based on two factors: value and ease-of-transport. Value is of prime importance, except for items that are too large to load on a trailer. For instance, dozers are some of the most valuable types of equipment, but mowers, backhoes and skid steers are easier to transport. MANUFACTURER TOP 10 If two pieces of equipment are equally easy to transport, a thief is more likely to steal the machine of greater value. What determines value? Asset age, condition (wear and tear), market demand, and brand name. 1.00% 1.00% 1.00% 1.00% 3.00% 4.00% 14.00% 7.00% 9.00% 41.00% 18.00% Roller Trencher Generator, Compressor, Welder Bulldozer Forklift Excavator Tractor Utility Vehicle All Other Mower, Riding, Garden Tractor Loader #1JohnDeer 2420 #2Kuota 1315 #3Bocat 882 #4CAT 773 #5Toro 368 #6Husqvarna 349 #7eXmark 277 #8CaseConstruction 235 #9CubCadet 218 #10Craftsman 203 TOP 10 STATES EVERYTHING’S BIGGER IN TEXAS, INCLUDING THEFTS #1Texas 2375 #2NCarolina 796 #3Florida 763 #4California 694 #5Georgia 577 #6SCarolina 512 #7Tennesse 449 #8Oklahoma 445 #9Arkansas 362 #10Alabama 338 1.Houston, TX 2.San Antonio, TX 3.Conroe, TX 4.Miami, FL 5.Dallas, TX 6.Oklahoma City, OK 7.Fort Worth, TX 8.Tampa, FL 9.Orlando, FL 10.Liberty City, TX TOP TEN CITIES FOR EQUIPMENT THEFT CONSTRUCTION BOOMS BRING MORE BURGLARIES Theft levels correspond to states and cities with the highest volume of construction projects. The influx of work necessitates more equipment, which attracts the attention of thieves and increases the risk of theft. OREGON WASHINGTON IDAHO montana wyoming utah colorado arizona new mexico kansas nebraska south dakota north dakota minnesota wisconsiN MICHIGAN iowa missouri MISSISSIPPI louisiana NEVADA west virginia KENTUCKY OHIO ILLINOIS INDIANA PENNSYLVANIA maryland delaware RHODE ISLAND connecticut massachusetts new hampshire vermont virginia NEW YORK maine new jersey CALIFORNIA texas oklahoma arkansas ALABAMA GEORGIA FLORIDA SOUTH CAROLINA NORTH CAROLINA TENNESSEE 2,375 338 MISSING: Your Construction Equipment Construction Asset Theft By the Numbers

Transcript of AssetTheft Infographic 0419 dir...RHODE ISLAND connecticut massachusetts new hampshire vermont...

Page 1: AssetTheft Infographic 0419 dir...RHODE ISLAND connecticut massachusetts new hampshire vermont virginia NEW YORK maine new jersey CALIFORNIA texas oklahoma arkansas ALABAMA GEORGIA

FleetLocate helps you optimize fleet operations,reduce fuel costs, and keep customers happy.

Talk with a fleet management specialist at 1-800-557-1449,or request a demo at Spireon.com.

http://www.ner.net/wp-content/uploads/2017/10/Annual-Theft-Report-2016.pdfFirst Analysis Securities, 2013

https://www.techvalidate.com/product-research/fleetlocate

Survey results from 247 small to medium sized U.S.-based businesses usingFleetLocate by Spireon . Survey conducted in March 2018.

All data presented is third-party validated by TechValidate. Please visithttps://www.techvalidate.com/product-research/spireon/ to learn more.

spireon.com

20%

GPS Tracking Leads to Faster Recovery Times

According to the National Equipment Register, delays in reporting are one of the main reasons for low recovery rates. The faster you’re able to report information to the police, the faster your equipment is recovered. Fleet tracking solutions, like FleetLocate, give you the ability to monitor the locations of your assets and receive alerts when a piece of equipment is moved o� the jobsite or if the engine is started up after works hours. This real-time data can help law enforcement track down the thieves and recover your valuable assets.

of surveyed customers agree that FleetLocate helped recover a lost asset

Law enforcement recovers as little as

of stolen equipment.

91%Anti-theft devices can lead to a

reduction in insurance costs5-15%

“No vehicle or driver will ever be lost as long as you have this service.”

— Julian Shanks, Field Operations Manager, CSL Services, Inc.Source: TechValidate. https://www.techvalidate.com/tvid/311-789-651

$ $$ $These numbers do not factor in the losses from business interruption, such as short-term rental fees, project-delay penalties, increased insurance premiums, and lost productivity.

THE COSTOF EQUIPMENT

THEFT

$400M(300M-1B Variance)

EstimatedAnnual Loss

$29,258 Average StolenEquipment Value

Sources

Equipment Theft Heats Up In The Summer

Theft levels closely correspond with peak construction periods, like during the summertime when the weather is favorable.

Jan.

Feb.Mar. Apr.

May Jun.

Jul.

Aug.Sep.

Oct. Nov.Dec.

1400

1200

1000

800

600

400

200

0

Note: Graph shows the month in which the equipment was reported stolen.

Types of Equipment Stolen (High Price + Easy to Move = The Perfect Score)

70% Skid Steer22% Backhoe8% Wheel Loader

Thieves target equipment based on two factors: value and ease-of-transport. Value is of prime importance, except for items that are too large to load on a trailer. For instance, dozers are some of the most valuable types of

equipment, but mowers, backhoes and skid steers are easier to transport.

MANUFACTURER

TOP10If two pieces of equipment are equally easy to transport,

a thief is more likely to steal the machine of greater value. What determines value? Asset age, condition (wear and tear), market demand, and brand name.

1.00%1.00%

1.00%1.00% 3.00%

4.00%

14.00%

7.00%

9.00%

41.00%

18.00%

Roller

Trencher

Generator, Compressor, Welder

Bulldozer

Forklift

Excavator

Tractor

Utility Vehicle

All Other

Mower, Riding, Garden Tractor

Loader

#1JohnDeer 2420

#2Kuota 1315

#3Bocat 882

#4CAT 773

#5Toro 368

#6Husqvarna 349

#7eXmark 277

#8CaseConstruction 235

#9CubCadet 218

#10Craftsman 203

TOP10STATES

EVERYTHING’SBIGGERIN TEXAS,INCLUDING THEFTS

#1Texas 2375

#2NCarolina 796

#3Florida 763

#4California 694

#5Georgia 577

#6SCarolina 512

#7Tennesse 449

#8Oklahoma 445

#9Arkansas 362

#10Alabama 338

1.Houston, TX 2.San Antonio, TX 3.Conroe, TX 4.Miami, FL 5.Dallas, TX 6.Oklahoma City, OK 7.Fort Worth, TX8.Tampa, FL9.Orlando, FL10.Liberty City, TXTO

P TE

N C

ITIE

S FO

R

EQU

IPM

ENT

THEF

T CONSTRUCTION BOOMS BRING MORE BURGLARIESTheft levels correspond to

states and cities with the highest volume of

construction projects. The influx of work necessitates

more equipment, which attracts the attention of thieves and increases

the risk of theft.

OREGON

WASHINGTON

IDAHO

montana

wyoming

utah colorado

arizona newmexico

kansas

nebraska

southdakota

northdakota

minnesotawisconsiN

MICHIGAN

iowa

missouri

MISSISSIPPI

louisiana

NEVADAwest

virginia

KENTUCKY

OHIOILLINOIS

INDIANA

PENNSYLVANIA

marylanddelaware

RHODE ISLANDconnecticut

massachusetts

new hampshire

vermont

virginia

NEW YORK

maine

new jersey

CALIFORNIA

texas

oklahoma arkansas

ALABAMA GEORGIA

FLORIDA

SOUTHCAROLINA

NORTH CAROLINATENNESSEE 2,375

338

MISSING:Your Construction Equipment

Construction Asset Theft By the Numbers