Fraud

GenLogs’ technology uses roadside sensors and cameras to collect data on trucks and equipment, applying methodology inspired by counterterrorism operations.

This week: We get an update on Kal Freight’s bankruptcy proceedings.

Federal investigators accuse nine logistics workers and executives of devising an elaborate scheme to slip $200 million worth of counterfeit goods from China past customs officials at the ports of Long Beach and Los Angeles.

This week Descartes shares the work it’s doing to combat location spoofing.

From optimizing electric vehicle fleets to mitigating fraud and automating nonrevenue tasks, automation is positioned to address some of the industry’s most pressing challenges.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Barry Conlon and Adam Wingfield

This week we explore how retailers are balancing security measures with customer experience.

A New Hampshire man, who claimed he owned trucking and agriculture businesses, admitted that he conspired with others to fraudulently obtain nearly $320,000 in funds through two COVID-19 pandemic programs.

In 2024, retailers dealt with a costly challenge: U.S. consumers returning $685 billion worth of merchandise — 13.21% of total retail sales, according to Appriss Retail’s latest report.  Alarmingly, 15.14% of these returns were fraudulent, costing retailers a staggering $103 billion. The report, created with Deloitte, highlights the most common fraud schemes. Wardrobing, in which […]

2024 was another brutal year for trucking companies and freight brokerages. Thousands of firms called it quits, sought bankruptcy protection or both. Fraud-related stories also dominated the headlines. FreightWaves looks back at some of the year’s key stories.

This week the industry gets advice on cybersecurity strategies for 2025.

This week: Double brokers grab $1M in toys and porch pirates have a dance off

DAT Freight & Analytics spoke with FreightWaves about DAT’s acquisition of Trucker Tools and how it plans to address connectivity issues, fraud and customer needs in the new year.

In late 2024, retail giant Macy’s revealed a shocking accounting scandal involving its parcel delivery expenses. It said a single employee had managed to hide approximately $151 million in delivery costs over nearly three years, causing significant disruption to the company’s financial reporting and raising questions about its internal controls.

In a stunning turn of events, California-based trucking company Kal Freight Inc. has filed for Chapter 11 bankruptcy protection, unveiling a web of fraudulent activities that have sent shockwaves through the industry. The company faces serious allegations of financial misconduct and asset mismanagement.

The manager of a New York-based freight forwarding company is facing criminal charges alleging she violated federal export controls by illegally shipping oil and gas products to Russia.

Logistics firm Freight Essentials filed a federal lawsuit against WWEX Group and its affiliates, alleging that the company is engaging in fraudulent business practices with hidden fees.

This week: Blue Yonder deals with a massive cyberattack and FreightWaves’ shares tips for dealing with porch pirates.

Cassandra Gaines, CEO of Carrier Assure Inc., discusses the fraud crisis in the industry and how carriers can combat it.

Boeing’s plea deal regarding criminal fraud conspiracy charges over two fatal 737 MAX accidents has been rejected by a federal judge.