The American Trucking Associations is voicing support for a new law that will address abuses made famous by a Memphis towing company that became national news.
As much as $154.6 million in goods were stolen in the first quarter of 2024, according to a report by CargoNet.
QuikSkope has launched a fraud protection tool that it says uses a five-step process that combines real-time information cross-referencing, pre-pickup load-level verification, geofencing and photo verification, efficient scanner technology, and reliable partner authentication.
With the explosive growth of the freight market during the COVID-19 pandemic, cargo theft and fraud surged. Thieves stole more than $31 million in shipments just in the third quarter of 2023.
CargoNet has issued a warning to supply chain professionals and the North American trucking industry saying the threat of cargo theft is “extremely” high heading into Thanksgiving 2023.
CargoNet said there were 692 recorded theft events during the third quarter of 2023 and thieves stole more than $31 million in shipments. The company warns that strategic cargo theft by using stolen identities of brokers and motor carriers continues to increase.
DAT Freight & Analytics launched an artificial intelligence-powered identity-fraud detection and prevention platform through a partnership with Verosint.
A federal appeals court has overturned the convictions of former Pilot Flying J President Mark Hazelwood and two others in connection with a long-running scheme to defraud trucking companies.
Jagpal “Paul” Singh, owner of the Calcutta Driving School, was sentenced to prison for bribing California DOT officials to issue commercial driver's licenses to unqualified students.
The former COO and CFO of the Celadon Group have been charged in a fraud scheme that resulted in a loss of more than $60 million in shareholder value.
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