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According to Truckstop’s new 2024 Freight Fraud Report, over $455 million in losses were reported due to theft, fraud, and impersonation scams across the industry.
Key takeaways:
- 65,000 thefts occurred in 2024, a 40% increase year-over-year.
- 46% of all thefts happened in just three states: California, Texas and Illinois.
- Double brokering and identity fraud continue to evolve with more sophisticated tactics.
- Double brokering activity is up 400% in some regions.
- 78% of brokers say fraud is among their top time-consuming business issues.
- Identity theft and fake carrier scams are increasingly targeting small fleets.
- Many freight fraud incidents now begin online, with impersonation tactics fooling even experienced operators.
