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During the microchip shortage, thieves frequently targeted Freightliner trucks, stealing common powertrain controller (CPC) modules that sold for up to $9,000 on the black market. Despite selling for just hundreds of dollars today, thieves continue to steal CPCs, which they’ve found to be easy targets, causing a steady stream of disruptions and losses for dealers, fleet owners and operators, and their customers.
For fleet operators, CPC theft can happen quickly and have long-lasting consequences, as commercial trucks are rendered inoperable until a replacement can be found and installed.
Recently, a Midwest fleet learned firsthand how quickly CPC thieves can strike. Thieves stole 24 CPCs within 30 minutes from Freightliners parked in a secure yard overnight. In that time, thieves gained access to the yard, broke into the cabs, unscrewed the CPCs and snipped their harnesses. In July, thieves returned. But this time, they got away with just eight CPCs within an hour due to efforts the fleet owners had taken to prevent CPC theft.
Armed with the right prevention tools, resources and ingenuity, fleet owners can mitigate and prevent CPC theft.
CPCs cost big to replace or buy back if stolen
A CPC is about the size of a VHS tape, and thieves know to find them in the cab of the truck, within the dash secured with four screws, and can swipe them often in under a minute. The CPC can then be reprogrammed and resold on the black market.
Replacing a CPC module is costly and time-consuming. It can cost $2,500 for a new one if you have an established relationship with a manufacturer and another $500 for programming. If you don’t, it can cost $4,500 plus programming. If a CPC is stolen while a driver is traveling over the road, it can result in towing fees upwards of $4,000.
Currently, some truck owners are buying their stolen CPCs back for $350 to $500 on the black market, a less costly and time-consuming method to get their trucks back on the road. But that also encourages repeat thefts.
There are other indirect costs:
Best practices for safeguarding your CPCs
Creating layers of prevention is your best defense against CPC theft. Here are nine ways to stay ahead of CPC thieves:
ASK A LOSS CONTROL REPRESENTATIVE
Have a question on how to mitigate risk? Email losscontroldirect@iatinsurance.com for a chance to see your question answered in a future blog.
CPC Theft Mitigation Strategy Checklist
Common powertrain controller (CPC) theft remains a persistent problem in the trucking industry. You can deter theft from your trucks by following these best practices.