I don’t want to be rude or impolite and say this is done by most of the people working in or working closely to the trucking business but the minority of people that are stealing diesel is making a huge bad advertising to the entire population of truck drivers and/or honest and hard working people.
Some of the latest market research are showing that around of 8% of all diesel fuel gets stolen either by inside (drivers) or outside (thieves) company factors. Class 8 Trucks are one of the most vulnerable vehicles in the entire industry due to several reasons:
- They have huge fuel tanks so you can steal a lot of fuel
- It is possible to steal certain small quantity of fuel without anybody noticing
- They are left on a huge out of surveillance parking lots
- They are left unattended for multiple hours
8% translated in dollars means that around $160 on average worth of fuel is being stolen per truck/week.
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That is a huge number and in nowadays trucking industry that is competitive more than ever it can mean the difference between going bankrupt and staying in the business. It is a $10 billion worth problem only in USA per year!
Who Is Buying Stolen Fuel?
We already determine that there is a way how to create a supply. There is a lot of trucks and there is a lot of fuel theft happening on a daily base. But who sits on the other side of the venture? Who is buying the stolen fuel?
