By Erik Webb One of the challenges faced by construction superintendents is site security and equipment theft, which can lead to financial loss, project delays and safety hazards. According to the American Rental Association, loss due to equipment theft is estimated at $100 million annually. Equipment that is easy to load on a trailer, such as telehandlers or scissor lifts, are some of the most often targeted. Beyond the direct financial impact, there are indirect costs associated with increased insurance rates and delayed timelines. The responsibility for reporting and recovery typically involves multiple parties, including the site superintendent, in addition … Read more
3 Considerations to Combat Equipment Theft
Filed under: eNewsTagged with: Genie, jobsite safety, surveillance technology, theft prevention