Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
From West Coast wins to Gulf Coast fog delays, the country’s top gateways are telling very different stories.
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
We see a surge in cargo theft in Q2 2023, with experts urging the need for strategic response and increased security measures.
With cargo theft soaring to a 10-year high, the Q2 2023 has seen a sharp rise in cargo theft incidents in the US and Canada. Scott Cornell, transportation lead at Travelers, paints a grim picture with data from CargoNet:
Strategic thefts involving stolen identities instead of force are the major culprits. With the rise of strategic theft, perpetrators are no longer limited to major freight hubs. The industry is responding, with load board operator Truckstop launching 'Fraud Prevention Friday,' a series aimed at educating carriers. Travelers Companies has also enhanced its cooperation, leveraging the Trucker Path mobile app to report theft swiftly. Cornell emphasizes the importance of being prepared, stating: “You must have a plan.”
On Monday, the CHP Cargo Theft Interdiction Program (CTIP) responded to a warehouse facility in the city of Stockton, and located 48 pallets of stolen paint, valued at approx. $229,000. This investigation remains ongoing. Great work by all! pic.twitter.com/JZr2Zjyqpb
— CHP Headquarters (@CHP_HQ) August 11, 2023
Every fraudulent load stopped is a win. But the goal isn’t just stopping fraud...it’s eliminating bad actors from the system entirely.
TIA's 2024 report shows a sharp rise in freight fraud, urging logistics companies to adopt stronger fraud prevention measures.
FTC and Florida halt "trucking automation" company RivX over alleged $75,000+ investment scam. Court orders operations ceased, assets frozen.
Hackers exploit FMCSA accounts to impersonate carriers and steal cargo. Learn how this complex scam works and steps to protect your freight business.
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