The US trucking market is worth an estimated $230 billion, and moves over 70% of the nation’s freight, but cargo theft by fraud is a growing industry problem. Last year alone, there were more than $130 million worth of stolen goods.
There are now elaborate freight laundering rings that impersonate legitimate trucking companies or drivers to trick their victims in a variety of ways. Double brokering, identity theft, and stolen loads are all tactics that increasingly sophisticated criminal...