$200K cargo theft exposes growing fraud schemes in trucking industry
A family-owned San Francisco tile business was defrauded of nearly $200,000 in merchandise when criminals used fake credentials to orchestrate a strategic cargo theft.
A family-owned San Francisco tile business was defrauded of nearly $200,000 in merchandise when criminals used fake credentials to orchestrate a strategic cargo theft.
Most of the companies in our industry are being robbed by people using the equivalent of a ladder and basic tools.
The dual pressure of shrinking margins and escalating fraud has prompted brokers to take a hard look at their day-to-day workflows. There are unfortunately plenty of weak points that could be costing many brokers money and exposing them to risk. One area that often flies under the radar: the inbox.
This article is contributed content. It does not reflect the views or opinions of FreightWaves or any of its subsidiaries. Freight fraud is the industry’s open secret: for years, carriers complained about unpaid loads, shippers voiced frustrations over losses, and brokers warned of schemes that drained time and trust. The noise was constant, but it […]
FMCSA has taken initial steps to modernize its complaint database to improve response times and crack down on fraud.
DOT has issued an information request to gather data on challenges and potential solutions related to freight-market theft.
The Tech Roundup is a weekly rundown of advancements and news in the FreightTech space. This week: Tai and Navix team up to simplify freight audit and accelerate cash flow, Highway expands McLeod integration, and Roambee rebrands to Decklar. Tai and Navix team up to simplify freight audit and accelerate cash flow The often-overlooked world […]
Highway lands major investment for Carrier Identity platform to tackle fraud in the freight industry efficiently.
Derek Barrs told Senate lawmakers he would uphold and enforce trucking industry initiatives from combatting fake CDLs to advancing autonomous truck technology.
(The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.) “BE AFRAID OF FREIGHT FRAUD!” It’s no surprise when another freight fraud headline lands in our inbox, shows up on LinkedIn, or makes its way into a conversation. Freight fraud is a trending […]
The trucking industry is under siege from a relentless wave of criminal activity that threatens its stability and safety. In 2024, cargo theft incidents surged to 3,625 across North America, a 27% year-over-year increase, with losses exceeding $455 million and an average loss per theft of $202,364. The economic toll of cargo theft alone is […]
The Freight Fraud Crisis The trucking industry is grappling with a surge in freight fraud, leaving carriers, brokers, and shippers vulnerable to sophisticated scams like identity theft and unauthorized double brokering. These schemes disrupt supply chains, undermine trust, and cause significant financial and logistical challenges. The root cause is the Federal Motor Carrier Safety Administration’s […]
Highway has changed the game of carrier identity.
Motive combines fleet and spend management.
Eliminating fuel fraud with unique QR codes and flexible business rules.
Truckstop operationalizes its vast data warehouse with AI.
Samsara’s Asset Tags provide a rich new data stream.
Tive has raised the bar for high-value shipment security.
When it comes to freight theft, criminal tactics have shifted from straight theft to strategic theft as criminals are using new technology to bolster fraud and deception.
Intelligence, security, and control for the inbound call process.