truckstop.com

Inaugural Freight Fraud Awareness Day shines light on industry crisis

As the holiday season approaches, industry leaders are shining a spotlight on the growing problem of freight fraud, a costly issue impacting businesses and consumers alike. 

The inaugural Freight Fraud Awareness Day, set for Tuesday, aims to rally the logistics community and policymakers to tackle this escalating threat.

Freight fraud schemes like double brokering and cargo theft are estimated to cost the industry between $500 million and $700 million annually, according to a group of advocates...

https://www.freightwaves.com/news/inaugural-freight-fraud-awareness-day-shines-light-on-industry-crisis

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

FreightTech Friday: Japan’s proposed conveyor-belt highway

In a recent meeting of Japan’s Ministry of Land, Infrastructure, Transport and Tourism, the group unveiled plans to combat its transportation and logistics sector labor shortages with construction of an automated conveyor-belt highway running over 310 miles across central Japan.

Known as the Autoflow-Road proposal, the ministry showcased its blueprint for building both aboveground and underground conveyor-belt roads running between Tokyo and Osaka 24 hours a day. According to the ministry, it...

https://www.freightwaves.com/news/freighttech-friday-japans-proposed-conveyor-belt-highway

FreightTech Friday: Verified Carrier talks vetting tech

The logistics industry is facing challenges from increasingly sophisticated fraud. Recently a bipartisan bill in Congress targeted scam freight brokers and trucking companies by seeking to require stricter registration and enforcement rules for brokers and carriers with the Federal Motor Carrier Safety Administration.

Now trending are technology providers in the space who are trying to help with their products as well. Recently, FreightWaves interviewed Verified Carrier, a solution providing a...

https://www.freightwaves.com/news/freighttech-friday-verified-carrier-talks-vetting-tech

FreightTech Friday: Learn to Win raises $30M, captures the industry’s attention

Enterprise training software provider Learn to Win announced on Wednesday an oversubscribed $30 million Series A raise led by the Westly Group with participation from Norwest Venture Partners and PearVC.

The company plans to use the funds to continue building out training platforms for high-pressure work organizations that can’t easily remove employees from everyday work for continuous job training.

Since its founding in 2019, Learn to Win has implemented AI-driven training programs for Novartis,...

https://www.freightwaves.com/news/freighttech-friday-learn-to-win-raises-30m-captures-the-industrys-attention

FreightTech Friday: FreightVana debuts fleet payment card; tech earnings in

Logistics provider FreightVana recently announced it has partnered with fintech provider AtoB to offer fleets a payment card and platform to manage driver spending over the road.

“The small carriers and owners just don’t have the benefits or purchasing power like their large competitors,” Shannon Breen, co-CEO and co-founder of FreightVana, told FreightWaves. “We can leverage our brand, our partnerships and our debt capabilities to reduce costs. … Anything we can do to pass along some savings...

https://www.freightwaves.com/news/freighttech-friday-freightvana-debuts-fleet-payment-card-tech-earnings-in

Size of layoffs at Truckstop.com unknown

Add Truckstop.com to the list of logistics companies implementing layoffs.

The specific size of the cutbacks at the load board provider are not known and were not disclosed by the company.

In response to a FreightWaves query on Thursday, a spokeswoman for Truckstop.com issued the following statement: 

“As a premier and trusted SaaS [software-as-service] provider to the freight transportation community, Truckstop is constantly working to find new ways to better serve its customers while keeping...

https://www.freightwaves.com/news/size-of-layoffs-at-truckstop-com-unknown

FOSC chat: Truckstop.com’s Hutto talks data and transparency

Truckstop.com booth at FreightWaves' Future of Supply Chain

This fireside chat recap is from Day 1 of FreightWaves’ The Future of Supply Chain live event being held in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: Data, brokers and freight transparency.

DETAILS: FreightWaves founder and CEO Craig Fuller welcomed Brent Hutto of Truckstop.com on the stage to discuss how the freight brokerage model has changed over the years, why participants are clamoring for data, and how companies like FreightWaves and...

https://www.freightwaves.com/news/fosc-chat-truckstopcoms-hutto-talks-data-and-transparency

Transflo bringing in industry veterans to spur growth

Transflo leadership team

Transflo is changing its management structure, with industry veterans Renee Krug joining the company as CEO and Bill Vitti as president and chief revenue officer. 

Frank Adelman, Transflo CEO for the past eight years, will become chairman of the board. President Michael Southworth is departing less than 18 months after joining the supply chain technology solutions company to serve as CEO of AI-focused company Babel Street. 

A spokesman for Transflo said a restructuring of the board involved...

https://www.freightwaves.com/news/transflo-bringing-in-industry-veterans-to-spur-growth

New Truckstop CEO talks shop on Fuller Speed Ahead

Kendra Tucker is the new CEO of Truckstop.

On this episode of Fuller Speed Ahead, FreightWaves CEO and founder Craig Fuller interviews Kendra Tucker, who just became CEO of Truckstop.

Tucker joined Truckstop in August 2020 during the pandemic and became COO in the summer of 2021.

“Things have become truly unusual in this market. With the continued, sustained height of rates and what they have done now since that point, one would actually say I haven’t yet experienced a normal market within transportation,” Tucker said. “It’s been a really...

https://www.freightwaves.com/news/new-truckstop-ceo-talks-shop-on-fuller-speed-ahead

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