Preventing Double Brokering and Other Fraud in the Trucking Industry
In this episode of 'This Week in Trucking,' hosted by Caroline, we explore the intricate problem of double brokering and other forms of fraud in the trucking industry with expert Donovan Reed, Red Team Manager at Bobtail. Statistics show that 85% of carriers and brokers experienced double brokering in Q2 2023, causing significant financial losses. Donovan thoroughly explains the mechanics of double brokering, how to identify red flags in paperwork, and the importance of vetting brokers. This episode offers essential tips on preventing fraud, from scrutinizing paperwork to understanding blind shipments. It also touches on the dangers of selling your MC number under the table and other scams that threaten your business. Tune in to learn how to safeguard your operations and ensure you're not a victim of these widespread scams.
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