Industry Pros Innovative Solution to Combat Fraud

Brokerage fraud has made the landscape of our industry unrecognizable, and unfortunately, its impact continues to grow and expand daily. As logistics industry lifers, we recognized the pressing need to devise methods for safeguarding our operations and valued partnerships.

Industry Pros Innovative Solution to Combat Fraud
Photo by Robson Hatsukami Morgan / Unsplash

This article is a contribution from Mike Fullam, the Founder of QuikSkope.

QuikSkope was created because we were tired of our business and our partners being defrauded by criminals. We believe that this tool has the potential to bring life back to the industry and enable brokerages and carriers to grow safely again.

In the years following the deregulation of the transportation industry, we have witnessed a remarkable evolution. During this period of transformation, new technologies have emerged, processes have undergone refinement, and collaborative efforts have achieved unprecedented levels of synergy. Nevertheless, this surge in development has presented unprecedented challenges, many of which threaten the safety and integrity of both domestic and global supply chains. One critical challenge, while not new, is brokerage fraud. This term covers a wide range of fraudulent activities, encompassing cargo theft, identity theft, and unauthorized re-brokering.

 

Brokerage fraud has made the landscape of our industry unrecognizable, and unfortunately, its impact continues to grow and expand daily. As logistics industry lifers, we recognized the pressing need to devise methods for safeguarding our operations and valued partnerships. While certain products and processes have offered some improvement, none have provided the comprehensive protection and peace of mind we sought, particularly at the load level. When the market inevitably strengthens, the processes and tools that exist today will not be enough to protect the broker and carrier from fraud, let alone empower them to excel in the tight market. To address this, we've created QuikSkope—a solution that turns these challenges into growth opportunities. It allows us to expand our capacity base while safeguarding carriers, shippers, and our own business from fraud.

 

In the current post-pandemic state of affairs, carriers and brokers have shown reluctance to form new partnerships and utilize cumbersome technology. For brokers, this can be attributed to historically soft market conditions reducing the need for load board activity. On the other side of the equation, carriers have expressed frustration because brokers are hesitant to onboard new partners. While these actions may seem practical, they don't effectively tackle the problem and can stymie growth in the long run. Moreover, many industry players share the same resources for carrier vetting. This doesn't provide brokers or carriers a significant competitive edge, and that’s assuming the data is accurate and up to date. All of these factors have magnified the need for a proactive solution, that protects all parties, load by load.

 

QuikSkope isn't an application; it's a simple link designed to ensure secure transactions between brokers and carriers. Its primary focus isn't tracking trucks or drivers; instead, it's all about guaranteeing that only verified parties can access crucial information throughout a load's entire journey. QuikSkope allows you to confirm that a driver associated with the MC you hired is physically on site at the pickup location before a pickup number is released utilizing a streamlined efficient process. With a simple photo/video your supply chain is secured. This service offers the flexibility of being deployed on a per-load basis, with payment structured accordingly.

 

For logistics industry professionals, a tool like QuikSkope provides the means to expand your carrier base efficiently and cost-effectively, while minimizing the risk of fraud with the push of a button. It requires minimal implementation efforts and investments. Shippers can book with the confidence that their freight is in good hands. Carriers can rest assured that their drivers are the only ones with access to critical information and that they’re engaging a verified broker that will pay!

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