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Aug 3, 2012

COUNTERFEITING * USA

* New Jersey - The curse continues
 
Marlton,NJ,USA -Fleet Owner, by Sean Kilcarr -1 Aug 2012: -- It’s been a long-term battlefaced by commercial vehicle component manufacturers and suppliers: the ongoing increase in counterfeit parts making their way into trucks and trailers traveling up and down U.S. roadways... It’s a problem not just limited to truck and trailer parts, either; in fact, and according to a white paper written by supply chain expert John DiPalo of Acsis, the problem is only going to get worse... Counterfeiting is now one of the fastest growing and profitable industries in the world, he explained, making up an average of 5% to 7% of world trade – meaning it’s a $600 billion per year industry. The U.S. Customs and Border Protection (CBP) reports the total number of counterfeit goods increased dramatically in fiscal year 2011 by 24% compared to fiscal 2010, and has increased 325% over the past decade... Yet DiPalo also puts some of the onus for the counterfeit problem on the backs of buyers as well... Something to think about at the very least...

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