Digital freight network Convoy announced Thursday it has built a proprietary real-time transportation fraud detection system using machine learning and carrier behavioral data and cargo theft solutions providers to identify potential transportation deception and crime.
According to the company’s cargo theft prevention partner, CargoNet, cargo theft has increased over 57% year over year (y/y) in Q2 2023, trailer theft has increased 17% y/y in Q2 along with an increase in double brokering schemes....
https://www.freightwaves.com/news/convoy-releases-proprietary-fraud-detection-software