CargoNet tracks $31.8M in Labor Day thefts as criminals breach trusted freight accounts
CargoNet tracked 273 incidents as surrounding weekdays produced 71% of cases and annual totals climbed 70%.
CargoNet tracked 273 incidents as surrounding weekdays produced 71% of cases and annual totals climbed 70%.
Most cargo theft does not start with a truck. It starts with access that looks legitimate until it is too late.
One gap was all it took. By the time it was noticed, the load was already too far gone to recover.
Two trucks carrying $470K in stolen vehicles were intercepted, but the real risk is how they moved through legitimate freight channels undetected.
By the time the product was found, it was already positioned to move through resale channels. That’s not a recovery story. It’s a reminder that most losses start long before a load is ever picked up.
From the US to the UK to Europe, the pattern is the same. Control shifts early, and by the time it’s noticed, the freight is already gone.
More than 400,000 KitKats were stolen in transit, but the product itself is still traceable. Nestlé’s response shows how even a chocolate bar can carry the signal after the load is gone.
Cargo theft persists even with all checks passed, revealing gaps in freight verification.
Discover the MC number market and learn about the FMCSA’s efforts to curb illegal trades in this underground industry.
Enhance carrier vetting and onboarding with MyCarrier Portal’s integration for improved safety and fraud prevention.
Key strategies for combating fraud involve certificates of insurance for supply chain partners.
Freight fraud is on the rise—and it’s costing brokers, 3PLs, and shippers millions. This free playbook breaks down how industry leaders are using real-time visibility and AI to expose fraud schemes before they impact operations. From onboarding to final delivery, learn how to identify suspicious patterns, validate carrier identity, and take action in real time. […]
This week: We review KAL Freight’s legal troubles
Lisa Haubenstock of Truckstop discusses the common tactics of scammers in the freight industry and what types of training and technology can help combat those issues, including the new carrier-vetting solution Risk Factors.
Import volumes that rose directly after the election showed that Donald Trump would regain the presidency were concentrated especially heavily in California, according to KCH Transportation Director of Pricing Henry Byers in a discussion at FreightWaves’ 2024 Domestic Supply Chain Summit. He also said there are significantly low rates for shippers.
Cassandra Gaines, CEO of Carrier Assure Inc., discusses the fraud crisis in the industry and how carriers can combat it.
Canadian supply chain SaaS provider Descartes acquired MyCarrierPortal, which provides brokers and shippers with carrier onboarding and risk monitoring tools.
TriumphPay announces an upcoming white paper examining the benefits and security of the TriumphPay Network.
In this edition: Stopping freight fraud in 2024 and all eyes on Mexico in the new year.
This partnership has produced an extra layer of security for fleet owners with Ditat’s Secure Code. This feature, managed through Ditat’s TMS, requires a unique four-digit code to be entered for each purchase.