Recoupex’s Post

Fraud and theft cost the logistics industry $800 million annually. Common examples of this are double brokering, trailer theft rings, and carrier fraud. The Shaker team combats this with a thorough carrier vetting process, freight photo confirmation, and live tracking on every truck driving for us. Don't worry, your freight is safe with Shaker. #MoveAhead #trucking #logistics #freight

🚛 Thousands of freight and HGV cargo thefts are committed across the country monthly. In January alone an estimated £5.1 Million cost of goods was lost to highly organised teams of thieves which target lorries and cargo. No stone is left unturned by the thieves, often slashing curtain trailers and padlocks to steal pallets of goods from trucks and vans. 💡Our Truckpol membership at NBCS provides businesses operating within the supply chain access to information and real-time intelligence of current risks and threats to safety and freight, so they can stay a step ahead of the thieves. Join our Truckpol membership to minimise threats in your supply chain. https://lnkd.in/e6pSQF8p #RetailCrime #ReducingRetailCrime #FreightCrime

Freight brokers lost $34M in Q2 2024 due to fraudulent carriers. Truckstop teamed up with #PingIdentity to verify carriers and prevent fraud. Read our latest blog to see how we're fighting fraud in the freight industry and beyond! https://ow.ly/Zuvt30sFGoV

Freight brokers lost $34M in Q2 2024 due to fraudulent carriers. Truckstop teamed up with #PingIdentity to verify carriers and prevent fraud. Read our latest blog to see how we're fighting fraud in the freight industry and beyond! https://ow.ly/qHFt30sFA4n

Freight fraud in the logistics space is growing rapidly. Cargo theft surged 86% year over year in the fourth quarter of 2023, according to Cargo Net. 2024 is anticipated to have record-high thefts. The schemes range everywhere from tractors picking up shipments and vanishing without a trace to thieves breaking into trailers and more. #Squarelogisticsolutionsllc #freight #riskmanagementprotection #supplychainmamagement #freightidentitytheft #freightsecurityidentity

In continuance of my previous posts regarding the importance of keeping theft trends front and center in the media. The trickle effect eventually leads to the right eyes and highlights the need for action. Kudos to all of the Supply Chain Associations for their lobbying efforts! Tackling cargo theft and fraud comprehensively requires significantly more investment to enhance enforcement, technology, and preventive measures but two million dollars is a step in the right direction. American Trucking Associations TIA (Transportation Intermediaries Association) OOIDA CargoNet https://lnkd.in/e3dahVsG

According to CargoNet, 925 cargo theft incidents were documented, showing a 46% increase compared to the 1Q of 2023 and a 10% rise from the 4Q of 2023. The average value of stolen shipments in the first quarter of 2024 was $281,757; an estimated total loss of $154.6 million. All stakeholders involved in freight operations, including brokers, third-party logistics providers, and warehouse facilities must collaborate to prevent thefts. Here is a brief overview of the cargo theft situation in the U.S. and seven crucial aspects of providing freight security 👇 #logistics #cargotheft #3PL

QuikSkope isn't just for 3PLs and brokers - trade operators can also benefit from our service. We've put together a list of 3 red flags for trade operators to be aware of to help prevent cargo theft on the load level. 1. Recent changes to a motor carrier’s information listings or if the carrier’s operating authority was dormant for a long period of time. 2. The email address or phone number of the party you’re communicating with doesn’t match the company’s name/information or where they’re located or the website. 3. Offers that come in significantly below market rates can be a lure fraudsters use to entice companies looking for a bargain. #logistics #freightbroker #security #trucking #3PL #tradeoperator

Freight brokers lost $34M in Q2 2024 due to fraudulent carriers. Truckstop teamed up with #PingIdentity to verify carriers and prevent fraud. Read our latest blog to see how we're fighting fraud in the freight industry and beyond! https://ow.ly/AjTl30sFA9e

Cargo theft is spiking in Mexico, with thieves getting more aggressive and targeting high-value goods. Be aware of your surroundings and stay safe on the road! Check out this article from FreightWaves for more info: https://lnkd.in/gTyPFEeB... #CargoTheft #RoadSafety #FreightSecurity #StayAlert #TransportSafety #MexicoTransport #unitedravens #LogisticsSecurity #HighValueGoods #FreightWaves #SupplyChainSafety