#fraud-prevention
(21 articles)Trucking Company Owner Admits $2.1M Fraud Scheme
A San Diego-based trucking company owner pleaded guilty to orchestrating a $2.1 million fraud scheme involving nearly 100 stolen identities and fraudulent credit card transactions processed through hi
Freight Fraud Awareness Day 2026: Fighting Evolving Cargo Theft
Freight Fraud Awareness Day returns October 14 as cargo theft tactics evolve from physical theft to sophisticated digital deception and identity fraud. Industry advocates from Verified Carrier, Northl
UPS and FedEx Launch Security Tools to Combat $220B E-Commerce Fraud
UPS and FedEx have introduced complementary security platforms designed to address mounting fraud and theft losses in the e-commerce supply chain. With global e-commerce projected at $6.88 trillion th
Geotab Fleet Card Tackles Fuel Fraud as Diesel Prices Surge
Geotab has launched a fleet card integrated with telematics data to help trucking companies control fuel spending and prevent unauthorized purchases during a period of elevated diesel prices. The card
UPS Secure Commerce Platform Tackles Fraud and Revenue Loss
UPS has introduced UPS Secure Commerce, a comprehensive platform designed to protect shippers and receivers from fraud, revenue loss, and operational disruption throughout the delivery lifecycle. This
Cargo Theft Evolves: New Fraud Tactics Threaten Supply Chains
Cargo theft represents a growing and sophisticated threat to global supply chains, with criminals employing increasingly complex fraud tactics beyond traditional hijacking. The article highlights how
Piston Raises $15M to Expand Cardless Fuel Payments for Fleets
Piston, a fintech platform targeting commercial trucking fleets, has secured $15 million in Series A funding to accelerate its cardless fuel payment system across North America. The company's technolo
Cargo Insurance Meets Carrier Verification in New Fraud Defense
MiKargo247 and Verified Carrier have launched a joint offering that removes traditional strategic theft exclusions from spot cargo insurance when brokers use Verified Carrier's platform to verify the
Descartes Acquires TAI Software for $100M to Unify Broker Operations
Descartes Systems Group has completed a $100 million acquisition of TAI Software, marking its second major transportation management system (TMS) deal in two years. This strategic move consolidates AI
Cargoos Tightens Freight Onboarding With Multi-Layer Verification
Cargoos, a freight and logistics platform, has announced enhanced customer verification procedures following an internal review of its freight onboarding processes. The company is implementing multi-l
Freight Fraud Risk: Why Shippers Are Biggest Vulnerability
Cargoos has identified a critical yet often-overlooked source of freight fraud: the customers themselves. While most fraud prevention efforts focus on external threats and bad actors within the logist
Freight Fraud Shifts to Email: New Risks for Logistics
Freight fraud perpetrators are adopting more sophisticated digital tactics, moving away from traditional registration desk manipulation toward email-based deception schemes. This shift represents an e
Freight Fraud Surge: Spoofed Calls Replace Fake IDs
Freight fraud is undergoing a significant operational shift. According to Highway's Q2 2026 Freight Fraud Index, criminals are abandoning traditional tactics, fake carrier identities and stolen MC num
AmeriFreight Tackles Auto Transport Cost Crisis Amid Fraud Surge
AmeriFreight's announcement of a dual growth strategy signals deepening challenges within the U.S. auto transport sector, where rising operational costs and fraud have become structural headwinds rath
5 Essential Steps to Protect Your Supply Chain From Transport Fraud
Transport fraud represents a growing threat to global supply chains, costing companies billions annually in cargo theft, diversion schemes, and documentation fraud. This article outlines five actionab
Retailers Fight Back Against $100B Supply Chain Fraud
Supply chain fraud has emerged as a critical operational challenge for retailers, with losses totaling approximately $100 billion in 2025. This represents a systemic issue spanning procurement, logist
Retailers Combat $100B Annual Fraud With New Ops Strategies
Retailers faced approximately $100 billion in supply chain fraud losses during 2025, representing a critical operational and financial risk across the sector. This substantial figure underscores the v
Trucking's $38M Insurance Fraud: What Shippers Must Know
Jasbir Thandi's guilty plea in the Global Hawk Insurance fraud case represents one of the trucking industry's largest insurance scheme collapses. Between 2016 and 2020, Thandi, who controlled every as
Digital Trucking Fraud Costing Companies Millions Post-Accident
Trucking insurance fraud has evolved into a sophisticated digital operation that targets accident victims and transportation companies through coordinated online schemes. Beyond the immediate physical
Legacy Bank Cass Brings Regulatory Edge to Freight Payments
Cass Information Systems, a century-old financial institution, is differentiating itself in the competitive freight payments market by leveraging its status as a federally regulated bank. According to
AscendTMS integrates SearchCarriers for free fraud detection
AscendTMS has integrated SearchCarriers' carrier intelligence database into its Carrier Verification and Qualification (CVQ) platform, enabling freight brokers and shippers to perform real-time carrie