Phishing Email Gave Thieves $1.7M Condom Load Using Carrier's Identity
Criminals used a phishing email to compromise a legitimate trucking company's credentials, then picked up a 103,000-unit shipment bound for Walmart and…
#Broker Fraud
14 posts tagged with this topic.
AI-Powered Fraud Hits Trucking Firms as Scammers Scale Schemes
Fraudsters are using artificial intelligence to refine and scale schemes targeting trucking and logistics companies, even as carriers invest in cybersecurity…
Is your broker's carrier vetting about to become its own department?
Malcolm Harris predicts dedicated verification teams will replace ad-hoc carrier checks as impersonation schemes force brokers to choose accuracy over speed.
NMFTA launches free portal for cargo theft and broker fraud reports
New Threat Report Portal lets carriers and brokers share cyber incidents, suspicious activity, and cargo crime patterns in real time.
Why the safest brokers run the most boring carrier-vetting workflows
Freight fraud has forced brokerages to add verification steps at every stage. The companies that repeat the same checks every time avoid the losses that come…
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…
House Passes CORCA, Federal Cargo Theft Prevention Bill Advances
The Combating Organized Retail Crime Act cleared the House on May 14 as cargo theft tactics shift to digital fraud and double-brokering.
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…
DOJ Letter Shows Federal Prosecutors Now Treat Cargo Theft as Fraud
A Department of Justice funding letter describes cargo theft as organized fraud networks using fake identities and hacked systems: not just stolen trailers.
Cargo Theft Falls 5% in Q1 2026, But Tactics Shift to Digital Fraud
Supply chain crime dropped to 767 incidents in Q1, down 12% from Q4 2025, as organized groups move from physical hijacking to email compromise and…
FBI Warns Cyber Cargo Theft Cases Surging Across Freight Industry
Cybercriminals are impersonating legitimate freight companies to steal loads, according to a new FBI public alert on cargo theft.
Cargo Theft Investigation, Where Control Is Lost in Modern Freight
Travelers investigator Ryan Kiefer explains how cargo theft has shifted from physical force to manipulated data and broken communication inside normal…