In the latest episode of "The Freight Caviar Podcast", we sit down with Cameron Ramsdell, the CEO of Armstrong Transport Group. He discusses strategies for protecting your business against fraud and how he grew Armstrong by 60% in one year.
Plus: Trump eyes Panama Canal takeback, US imports surge 12.3% YoY, Hyzon plans liquidation, and more.
Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
Over $1.5 million in goods and a semi-truck and trailer recovered in Riverside County bust of a massive retail theft ring.
Among the missing items were pallets worth nearly $230,000 from Bath & Body Works.
Detectives began investigating a stolen load of 58" flat-screen televisions, leading them to a hoard of stolen goods.
Thieves stole $20K worth of meat from trucks in Philadelphia, another case contributing to the rise in cargo thefts in the city.
The scheme starts with a scam artist posing as a customer, contacting a broker to pick up freight. The broker, in turn, posts the load, which is then deceitfully accepted by the scammer acting as a carrier.
CargoNet: 2023 witnesses a 57% surge in cargo theft incidents. Innovative tech emerges as a key defense.
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.
A truck driver involved in defrauding Roadrunner out of $112K receives house arrest and must pay restitution.
Representing TIA, Freight brokerage CEO Jeffrey Tucker warns Congress about an $800M fraud problem in trucking, urging FMCSA enforcement.
The National Retail Federation (NRF) reports that over $100 billion worth of merchandise was fraudulently returned in the U.S. in 2023, a figure that's more than doubled since 2020.
Thieves hijack a shipment of 19,000 bottles of tequila worth nearly $400,000, disrupting a US distributor's plans for a new tequila line launch.
Watch out for cargo theft this holiday season. Here are key trends, high-theft areas, targeted commodities, and essential security tips to protect your shipments.
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