BMO Credit Data: Trucking Finances Still Weak Despite Rate Upturn
Canada's largest trucking lender reports four key credit metrics deteriorated in Q2 2026, even as freight rates strengthened. The data may be the last…
Diana Korczak
Broker Fraud, Vetting & Carrier Financials
Diana Korczak covers the financial-risk side of trucking, broker fraud, double-brokering, fictitious-pickup scams, factoring fraud, identity theft, plus the public-company earnings reports, operating ratios, and balance-sheet warning flags carriers and shippers use to vet who they do business with. She names companies, lists the red flags, and tells carriers exactly what to verify before signing.
Broker Vetting Costs Spike After Supreme Court Liability Ruling
One week after Montgomery v. Caribe Transport II, brokers are tightening carrier onboarding, and small fleets are feeling the squeeze.
Why fraud-detection software keeps missing organized cargo theft
Brokers spend millions on onboarding platforms and AI scoring, yet freight fraud grows. The FreightWaves CFCO program says the missing piece is human…
Echo Global back in court after Montgomery broker liability ruling
Federal appeals court sends 2024 summary judgment back to district court following Supreme Court decision that brokers can be held liable for negligent hiring.
Will the Supreme Court Montgomery ruling shrink your broker network?
Schneider cut its brokerage carrier network 76%, from 60,000 to 14,000, in recent years. The Supreme Court's broker-liability ruling may force smaller brokers…
Deceptive Pickup Fraud Jumps 31% as Criminals Forge Carrier IDs
Cargo thieves used fake identities and forged credentials to secure 31% more loads in Q1 2026 than a year earlier, with nearly half the incidents in California.
Will brokers now avoid small carriers to dodge crash liability?
Supreme Court ruling exposes brokers to state negligence claims nationwide. Industry lawyers and tech CEOs warn of tighter carrier selection: small fleets with…
What brokers must verify after Montgomery, the new standard of care
Supreme Court decision shifts broker liability. Industry attorneys and vetting experts say continuous monitoring, insurance verification, and inspection…
Chicago Man Gets 5 Years for $10M Freight Fraud Using Fake Carrier IDs
Aivaras Zigmantas impersonated real and fake carriers to steal liquor and copper shipments across state lines. Prosecutors say the scheme targeted $14.6…
Trojan Driver Scam Puts Cargo Thieves Inside the Cab Before Pickup
Organized theft groups are placing fake drivers inside legitimate carriers to steal loads from within. What small fleets should verify before handing over the…
Did the Supreme Court Montgomery ruling just make broker fraud easier?
Wall Street dumped brokerage stocks within an hour of the decision, but the real question for carriers is whether bigger 3PLs will now tighten vetting or push…
How do brokers prove they vetted a carrier after Montgomery ruling?
Supreme Court ended FAAAA preemption shield. Brokers now face state negligence claims for carrier-crash liability. The defense is a documented vetting process,…