Chubb Group of Insurance Companies, dubbed one of America’s 100 Most Trustworthy Companies by Forbes in 2010, has recently entered into an agreement with SteelSafe Truck Immobilizer International in an effort to prevent and stop cargo theft.
Chubb has announced that “motor truck cargo liability customers who purchase a SteelSafe Truck Immobilizer can have their policy deductible waived up to $10,000 in the event a stolen load is not recovered after law enforcement is notified in a timely manner” (http://www.sacbee.com/2011/09/19/3921885/chubb-seeks-to-stop-cargo-thieves.html).
Cargo theft is a growing concern nationwide with stolen loads resulting in thousands, even millions of dollars worth the lost products. As FreightWatch notes, a stolen truckload of pharmaceuticals results in an average loss of $3.8 million.
Along with pharmaceuticals, cosmetics, food, and electronics have all become high-valued targets among thieves, who then resell these products for a profit.
As was the case this week when Elizabeth Arden, a popular cosmetic company, had their truckload of beauty products stolen, uncovering the abandoned tractor within an hour but is still missing the loaded trailer.
And if you think that having your cargo stolen is just a one-time bad luck occurrence, think again. This is the fifth instance within a year that Elizabeth Arden has had their cargo stolen, demonstrating that cargo theft is increasing and shippers need to look into more secure trucking companies, like Road Scholar Transport, who incorporates the latest technology on their fleet.
The SteelSafe Truck Immobilizer is one of these devices, working to both prevent theft and stop it if it should occur.
Picture this; you just received word that your cargo has been stolen. You quickly pull out your mobile phone, press a button, and the truck, and with it your freight, that thieves had made away with has now come to a stop, leading you to its position for retrieval.
That’s the case with the SteelSafe system. When a truck equipped with this device is stolen, the owner can track it with the device’s GPS system and using a mobile phone or computer, activate the system which will then release air from the brakes, slowing the truck down and stopping it within 5 minutes. The gradual slowdown helps reduce an accident caused by an abrupt stop, allowing the driver to steer the truck but preventing the driver from moving it after it has been immobilized.
Road Scholar Transport offers the same security. Using Qualcomm’s panic technology, Road Scholar drivers can quickly press a button on their keychain, which can also be activated by dispatch, immobilizing the vehicle. That’s one reason why Road Scholar Transport has never suffered a full cargo loss in over 20 years in business!
The SteelSafe Truck Immobilizer also works to prevent a theft by automatically immobilizing the truck once it is parked; only unlocking it once again using a keyfob (http://www.steelsafe.com.au).
According to SteelSafe’s website, there are two types of immobilizes; one offering GPS on the truck and one on the trailer, just like Road Scholar Transport has independent tracking on its tractors and trailers, allowing us to uncover your freight even if thieves decide to abandon the tractor.
For more information on how SteelSafe works, click on the video below and put your freight onboard a safe carrier by going to www.roadscholar.com today.
What do you think of Road Scholar’s ability to immobilize our trucks in cases of theft?