There probably isn’t a contractor in this country that at some point hasn’t been a victim of jobsite theft. In 2014, there were 11,625 heavy-equipment thefts reported to law enforcement, up 1.2% from 2013, according to the latest data from the National Insurance Crime Bureau in a report coproduced by the National Crime Information Center.
Total construction equipment theft now stands at around $1 billion annually. And only 23% of the heavy equipment stolen last year was recovered, the NICB report stated.
A survey conducted last year by Cygnus Business Media Research on behalf of LoJack, which makes theft-detection and –prevention devices, found that 83% of construction equipment owners polled had experienced equipment theft.
Courtney DeMilio, LoJack’s National Vice President of Commercial and Fleet, points out that theft can have a greater, negative impact on a business. “Loss in job productivity, the inability to complete a job, a diminished professional reputation—all while the owner is spending a substantial amount of time and money to replace the equipment,” she says.
The Canton, Mass.-based LoJack recently released its annual “Construction Equipment Theft and Recovery in the United States” report, based on its tracking, from January through December 2014, of theft reports in 28 states where equipment theft was reported and where construction equipment outfitted with a LoJack device led police to recover the stolen assets.
Graphics courtesy LoJack
From that sample, the report identifies backhoe loaders, skip loaders and wheel loaders as the most popular equipment targeted by thieves. “There is little visual differentiation from one backhoe to another, and they all share a common key,” the report explains. “Therefore, they are prime targets for thieves based on the ease of theft and how hard they are to track once one is stolen.”
Skid steers, generators/air compressors/welders and portable light towers; and excavators are also most susceptible to robbery.
The report notes that thieves typically go after newer and brand-name equipment. In 2014, 54% of the tracked equipment stolen was less than five years old. And 65% of the thefts were of products made by top manufacturers such as Bobcat (24% of the equipment stolen), John Deere (20%), Caterpiller and Case (tied at 8% each), Takeuchi (6%) and Magnum (5%).
The report gives several reasons why construction equipment and tools continue to be vulnerable to thieves. For one thing, titling and registration of equipment aren’t mandated, so it’s often hard to report theft and harder for law enforcement to track what’s stolen. There’s also no standardized identification numbers on this stuff, like the Vehicle Identification Numbers on cars and trucks.
In addition, jobsite security is not always as tight as it could be, and the sites themselves can be remote. And because equipment and tools are constantly being transferred between sites, owners can be lax in their inventory accounting.
“The thief isn’t always somebody unrelated to the job, as often he or she can be a member of the company that owns the equipment,” DeMilio tells BD+C. But inside jobs aside, the industry has a “natural exposure” to theft because jobsites are on predictable schedules, leaving opportunities open for thieves will often scope out sites looking for weak spots.
Not surprisingly, theft is more prevalent in states where there’s more construction activity, with California and Texas having the highest occurrences. But unlike cars, which when stolen often end up in other states, 95% of the stolen construction equipment and tools that are recovered are found in the same state they were stolen in.
DeMilio says contractors and owners need to keep their equipment off the street in secured areas patrolled by guards. They should also be in close contact with police “so they are aware of the area and can be monitoring during off hours.” She recommends that owners adopt technology that includes cameras, electronic access pads, GPS geo-fencing, and covert RF recover devices.
LoJack, naturally, pitches the efficacy of installing detection and telematic devices on construction equipment so that owners are alerted to unauthorized use during off hours, and police have a better shot at retrieving stolen goods. It points out that 56% of stolen equipment with a LoJack system was recovered within 24 hours after being reported, and 5% was recovered within an hour.
Related Stories
| Feb 18, 2014
Illinois leads Top 10 states for LEED in annual USGBC ranking
The U.S. Green Building Council has released its ranking of the Top 10 States for LEED, the world’s most widely used and recognized green building rating system.
| Feb 18, 2014
Study: 90% of healthcare providers say Affordable Care Act is 'step forward,' but major revisions needed
Providers are excited about opportunities to address long-term health issues in the U.S., but worries about the transition persist, according to a new study by Mortenson Construction.
| Feb 17, 2014
Developer plans to 'crowdfund' extended stay hotel in Manhattan
Want to own a piece of Manhattan hotel real estate? Developer Rodrigo Nino is inviting individual investors to put up $100,000 each for his latest project, 17 John.
| Feb 14, 2014
ASHRAE, Green Grid team up on energy-efficiency guide for data centers
Vendor-neutral publication examines aspects of the popular power usage effectiveness (PUE) metric.
| Feb 14, 2014
Scrap tires used to boost masonry blocks at Missouri University of S&T
Research could lead to blocks that use waste material and have seismic and insulating benefits.
| Feb 14, 2014
Giant interactive pinwheel adds fun to museum exterior
The proposed design for the Santa Cruz Museum of Art and History features a 10-foot pinwheel that can be activated by passersby.
| Feb 14, 2014
First look: Kentucky's Rupp Arena to get re-clad as part of $310M makeover
Rupp Arena will get a 40-foot high glass façade and a new concourse, but will retain many of its iconic design elements.
| Feb 14, 2014
The Technology Report 2014: Top tech tools and trends for AEC professionals
In this special five-part report, Building Design+Construction explores how Building Teams throughout the world are utilizing advanced robotics, 3D printers, drones, data-driven design, and breakthroughs in building information modeling to gain efficiencies and create better buildings.
| Feb 13, 2014
Why you should start with a builder
They say the best way to eat an elephant is one bite at a time. Expanding your building or constructing a new structure for your business, church, or school isn’t all that different. Attacking it is best done in small, deliberate pieces.
| Feb 13, 2014
Related Companies, LargaVista partner to develop mixed-use tower in SoHo
The site is located at the gateway to the booming SoHo retail market, where Class A office space is scarce yet highly in demand.