Big iron thefts dominate headlines but loss of small items drives costs to contractors
01 May 2026
Image: Goodpics via AdobeStock - stock.adobe.com
Losses from stolen and misplaced equipment are costing large contractors millions each year, with smaller, everyday items responsible for the bulk of the financial impact.
That’s according to new research from fleet and equipment management company Samsara.
A new report from the firm, called State of Connected Operations: Quantifying the hidden cost of asset invisibility, estimated that organisations without asset tracking systems lose an average of US$13.2 million annually when both direct and indirect…
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