Besides equipment failure, there is one other occurrence that can stop a construction project in its tracks: heavy equipment theft. In average, experts estimate that equipment theft results in $400 million of equipment alone, not including down time, project delays, rental costs, etc. In this blog post, we are going to review what you need to know about equipment theft in the US.
Here are some other Shop Talk blog posts you might find interesting:
- 18 Tips to Help Minimize Operating Costs for Skid Steers
- Heavy Equipment, Telematics, and the Internet of Things
- The Very Real Dangers of Reactive Maintenance of Final Drives
