Telematics technology firm ABAX reports the UK has the highest usage of tracking units on plant and machinery across its European portfolio
UK construction businesses clocked up 13 million hours of tool and equipment monitoring with tracking technology and recorded a 278% increase in use of equipment and tool tracking.Machinery and equipment theft continues to plague the UK with a survey by the Chartered Institute of Building reporting that 92% of construction companies claiming they are directly affected by petty crime and 21% revealing that their sites are robbed on a weekly basis. In 2020 the total cost of theft and vandalism
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