How to Stay Protected from Freight Fraud?

Recent statistics indicate a disturbing rise in freight fraud, particularly cargo theft, reaching a 10-year high in 2024. According to CargoNet data, there has been a 59% increase in cargo theft across the U.S. and Canada from the third quarter of 2023 to the same period in the previous year. This spike in cargo fraud is attributed primarily to strategic theft tactics such as carrier identity theft, double brokering, and fictitious pickup schemes​​.