The threat of fuel theft and how to combat it

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Freight crime continues to present a major challenge to the supply chain industry.  Perhaps the largest subset of theft incidents involve fuel.  Here TT Club’s Mike Yarwood analyses the claims data of the freight industry’s insurance provider to help throw light on the details of the trend.

The analysis puts cargo theft among the top three of incidents resulting in claims.  However, the data fails to capture the full scope of the problem, as the value of the loss often falls ...