Top 5 freight fraud stories of 2024

This year freight fraud took center stage, exposing cracks in the logistics industry’s defenses and leaving a trail of financial devastation. From coordinated ransom schemes to pandemic relief fraud, 2024 showcased the growing sophistication and reach of bad actors in transportation.

These cases revealed a troubling pattern of exploiting systemic vulnerabilities. Fraudsters used tools like falsified documents, illegal carriers and shell companies to bypass regulations and manipulate financial...

https://www.freightwaves.com/news/top-5-freight-fraud-stories-of-2024

Digital freight broker furloughs workers after losing key customers

Digital freight broker Next Trucking and sister trucking company Next Freight Solutions are on the brink of closure after furloughing most of their remaining employees and drivers in Long Beach, California, and they have effectively ceased operations as executives scramble for last-minute funding to keep the company afloat, according to multiple sources familiar with the situation.

Approximately 18 of Next Trucking’s 28 remaining workers were notified on Sept. 19 that they were being furloughed...

https://www.freightwaves.com/news/digital-freight-broker-furloughs-workers-after-losing-key-customers

NEXT Trucking releases expert tools to tackle supply chain complexity

Long Beach, California-based NEXT Trucking recently announced product and program updates as part of its tech stack improvements following its merger with Chicago-based digital freight broker CDL-1000. These updates are targeted at improving the experience for both shippers and carriers by leveraging the combined companies’ resources and industry expertise.

NEXT Trucking began as a FreightTech pioneer back in 2015 with a focus on connecting full truckload and less-than-truckload carriers with...

https://www.freightwaves.com/news/next-trucking-releases-expert-tools-to-tackle-supply-chain-complexity

Career Tracks: NEXT Trucking hires finance, operations leaders

NEXT Trucking, hailed as a freight-tech pioneer connecting shippers and carriers, has bolstered its finance and operations leadership to oversee the El Segundo, California-based company.

Patrick Winter is the NEXT VP of operations

Timothy Danaher has been hired as chief financial officer and Patrick Winter has joined the company as vice president of operations.

“We are pleased to announce the addition of an accomplished new generation of leadership to the team who will help us continue to...

https://s29755.pcdn.co/news/career-tracks-next-trucking-hires-finance-operations-leaders

Drayage update: The future of EDI (with video)

Bristlecone Vice President Vikram Kaul on video chat

Social, political and economic conditions at the national and global levels are changing at breakneck speed, and it is more important than ever to maintain clear lines of communication and information sharing across the logistics industry.

Electronic data interchange (EDI) may not be a brand new technology, but it is a prominent and effective way to keep track of transactions. EDI digitizes the paper trail involved in every transaction, significantly cutting down on errors. 

Bristlecone has...

https://www.freightwaves.com/news/drayage-update-the-future-of-edi-with-video