DAT Freight & Analytics introduced new initiatives to reduce the risk of fraud and double brokering in the trucking industry.
“Fraud is on the rise, and DAT is committed to providing the resources our customers need to fight back,” says Jeff Hopper, DAT CMO. “DAT is using a combination of technology, education and enforcement in our ongoing effort to stop bad actors and help freight brokers, carriers and shippers protect themselves in today’s climate.”
From PR Newswire:
· The new fraud-fighting tools include tougher verification protocols and a Fraud Protection Program, a microsite with free security-related information.
· DAT expanded its Network Integrity Unit (NIU) by 40% during the past two years.
· In 2022, DAT blocked access from more than 3,000 accounts because of suspected fraud.
· DAT blocks access from countries where there is an elevated risk of fraud.
· DAT is using smart technology and automation to leverage trends among bad actors to better identify potential fraud.
· DAT expanded ist data science capability to better identify trends among bad actors and improve the overall governance of our ecosystem.
· Only licensed and bonded freight brokers may post loads on the DAT marketplace; no carriers or dispatchers.
· DAT CarrierWatch automates the monitoring of motor carrier insurance coverage, safety records, and DOT authority and alerts users to any change in status.
· The DAT Directory is a free database with the latest information about every carrier, broker and shipper that uses the DAT One network.
“The DAT network hosted nearly 400 million truckload shipments in 2022, and the total number of DAT customers has increased by nearly 42% since January 2021,” Hopper says. “As the use of load boards has grown, so has the aggressiveness and sophistication of scammers. These new tools will help users validate the brokers and carriers they want to work with, protect their login credentials and build relationships based on trust.”