SFOO Summit: 30 years of carrier improvement and development with Truckstop

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

FIRESIDE CHAT TOPIC: Fuller Speed Ahead: From “Internet Truckstop” to Industry Leader: Kendra Tucker On 30 Years of Truckstop

DETAILS: Freightwaves founder and CEO Craig Fuller speaks with Truckstop CEO Kendra Tucker about the company’s 30th anniversary and its unique perspective on the evolution of the freight technology industry.

KEY QUOTES FROM TUCKER:

“We want to understand how our carrier feels...

https://www.freightwaves.com/news/sfoo-summit-30-years-of-carrier-improvement-and-development-with-truckstop

3PL Summit: Truckstop reflects on 30 years of fighting freight fraud

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday February 26.

FIRESIDE CHAT TOPIC: Defending against fraud

DETAILS: Fraud remains one of the biggest threats to the freight industry, with bad actors constantly adapting their tactics. As we look ahead to 2025, what are the most pressing security challenges, and how can brokers and carriers protect their businesses? Lisa Haubenstock, VP of product at Truckstop, discusses the issue and the strategies companies can leverage to...

https://www.freightwaves.com/news/3pl-summit-truckstop-reflects-on-30-years-of-fighting-freight-fraud

Bridging the Divide in the Truck Parking Debate

The trucking industry is at a crossroads when it comes to truck parking. Rising operational costs, shrinking profit margins, and the emergence of services like Truck Parking Club are intensifying the debate over free vs. paid parking. At the heart of this issue is balancing driver needs, property rights, security, and fair compensation.

Technology has made it easier than ever for drivers to locate parking spaces. Yet, the fundamental question remains: should truck drivers have to pay for...

https://www.freightwaves.com/news/bridging-the-divide-in-the-truck-parking-debate

Super Bowl freight swamps the Big Easy

As New Orleans prepares to host Super Bowl LIX on Sunday, a massive logistics operation is already in motion to ensure the big game between the Kansas City Chiefs and the Philadelphia Eagles goes off without a hitch. From the iconic Vince Lombardi Trophy to the mountains of food and beverages that will fuel fans, the transportation and coordination required for this event are nothing short of staggering.

FedEx, the official delivery service of the NFL, kicked off the preparations by delivering...

https://www.freightwaves.com/news/super-bowl-freight-swamps-the-big-easy

Training and technology can mitigate fraud risk

Fraud, theft and scam tactics have been an incredibly worrying topic of discussion across the freight industry over the past year, and the issues are only growing as technology continues to become more sophisticated.

Although Truckstop has been tracking reports of fraud across its entire customer base for 30 years, Lisa Haubenstock, vice president of product, risk and compliance solutions, says incidents of fraud have risen to unprecedented levels in the past few years. 

“From the point of view...

https://www.freightwaves.com/news/training-and-technology-can-mitigate-fraud-risk

OOIDA, Truckstop team up, load board is now group’s “exclusive partner”

Load board operator Truckstop and the Owner Operator Independent Driver Association have agreed to what they are calling a “groundbreaking collaboration” that will see Truckstop named OOIDA’s “exclusive load board partner,” displacing a long relationship with DAT.

The agreement announced Tuesday was also touted as “an exclusive collaboration to provide tools that help protect and grow owner-operator businesses,” with the focus appearing to be on anti-fraud tools that Truckstop has long promoted...

https://www.freightwaves.com/news/ooida-truckstop-team-up-load-board-is-now-groups-exclusive-partner

Fight fire with fire: Using technology in the battle against fraud 

The freight industry has always been vulnerable to fraud. But the combination of poor economic conditions over the past few years and increased reliance on technology in an industry with slow adoption of new tech has created an abundance of opportunity for bad actors.

In response to this rampant threat, Truckstop proactively blocked more than 8,000 potentially fraudulent onboarding attempts for its customers just in the first half of 2024. Using its identification verification tools, the company...

https://www.freightwaves.com/news/fight-fire-with-fire-using-technology-in-the-battle-against-fraud

Truckstop on fraud: ‘It’s about time we protect each other’

The supply chain faces a growing threat from freight fraud and cybersecurity issues as criminals increasingly target small carriers and brokers, exploiting vulnerabilities in their systems and processes.

To combat this, marketplaces like Truckstop.com are investing heavily in advanced fraud detection and cybersecurity measures, leveraging AI and data analytics to identify and block suspicious activities.

Related: How freight fraud became the perfect crime

It’s an ongoing battle, as criminals...

https://www.freightwaves.com/news/truckstop-on-fraud-its-about-time-we-protect-each-other

Better days ahead: Market sentiment improves

Trucking industry leaders are finally starting to feel better about the state of the market. That optimism could be a crucial part of actually arriving at a better future. 

Every quarter, Truckstop and Bloomberg team up to poll industry leaders about their current market sentiments. The surveys paint a powerful picture of how perception is influenced by current spot market rates.

In the duo’s most recent survey, brokers expressed improving sentiments for the first time in a long time. Almost half...

https://www.freightwaves.com/news/better-days-ahead-market-sentiment-improves

Freight carrier concerns in today’s market

The freight industry is buzzing with talk about a coming market shift. While high-frequency data does suggest that the ongoing freight recession is beginning to ease, the climb back up is expected to be slow for carriers. In today’s environment, carriers continue to grapple with an oversaturated market and less-than-ideal economic conditions, making it difficult to maintain profitability. 

Over the past couple of years, carriers have consistently reported concerns related to increased fraud,...

https://www.freightwaves.com/news/freight-carrier-concerns-in-todays-market