Editor’s Pick: Reduce The Risk of Freight Fraud

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This recent post from Transporeon’s blog highlights the growing problem of freight fraud in the industry.

Picture the scene.

It’s late Friday afternoon.

The place: an efficient and successful broker’s office, the end of a frenetic week with a popular holiday weekend ahead. There is just one last load to assign, perhaps via a popular public load board. 

A new carrier, who the broker hasn’t used before, looks perfect for the load. Their credentials check out and meet the broker’s specific standards and the load is booked with the carrier. All tasks are satisfactorily done, everyone is happy, the broker can close the laptop with a happy sigh and look forward to that welcome weekend cookout in the sunshine.

Sadly, those cookout burgers are likely to get burned, just like our broker. Because that last load is not going to reach its intended destination as planned and agreed. In fact, it has been ‘hijacked’ and re-routed by a bad actor who has successfully impersonated the bonafide carrier from the start. 

Read More at Transporeon’s Blog