Protecting Your Trucking Business: Unraveling the Threats of Freight Fraud
In an era where freight transactions and brokering operations have shifted predominantly online, the trucking industry finds itself grappling with a surge in fraudulent activities. Freight fraud has become a prevalent issue, causing substantial financial losses for trucking companies. According to one estimate, an alarming $500 to $700 million annually falls into the hands of double brokers and other fraudsters. Additionally, freight insurer TT Club reports that 15% of their claims stem from freight fraud. As a trucking company, understanding the dangers of freight fraud is paramount to safeguarding your business from potential pitfalls.
3 minutes
December 5, 2023
