Originally published at: Overhaul’s FraudWatch: a new paradigm in freight fraud prevention - FreightWaves
Freight fraud has emerged as one of the most rapidly growing and financially devastating risks in today’s global supply chain landscape. With global cargo theft losses exceeding $80 billion in 2023 and the average cost of a successful fictitious pickup surging to $365,000 per incident in Q1 2024, the industry has been desperately seeking more…