Is Your Transportation Business Safe from Identity Theft_.mp4

Send us Fan MailCombatting Fraud in the Transportation Industry: Insights and SolutionsIn this episode of the Trucking Risk and Insurance Podcast, hosts Chris and Johnny dive into the issues of factoring and the alarming rise of fraud in the transportation industry. They speak with Jennifer Lockett, an experienced operations manager from Altline by the Southern Bank, who shares her extensive 18-year knowledge in transportation. Jennifer explains what factoring is and offers practical tips for trucking companies to protect themselves against fraud. She discusses various types of fraud like identity theft, collusion, and double brokering. Jennifer also elaborates on methods for detecting and preventing fraud, such as regularly checking FMCSA records and ensuring proper verification procedures. This episode is essential for anyone in the transportation industry looking to safeguard their operations.Jennifer Lockett Contact Infohttps://altline.sobanco.com/freight/Office [email protected] Hosts:John FarquharNational Risk Services Specialist, Transportation, Gallager GGBhttps://www.ajg.com/ca/M: [email protected] HarrisCEO, Safety Dawg Inc.905 973 [email protected]://safetydawg.com/00:00 Introduction to Factoring and Fraud in Trucking00:43 Meet Jennifer Lockett: Industry Expert02:08 Understanding Factoring in Transportation03:20 The Rise of Fraud in Freight Factoring04:36 Real-Life Fraud Scenarios and Red Flags06:52 Preventing Fraud: Tips and Best Practices10:41 Collusion and Double Brokering Explained12:42 Factoring Companies and Their Challenges24:42 Advice for Trucking Companies26:10 About Altline and ConclusionKeeping it Safety Dawg Simple!#trucksafety #truckinsurance #truckpodcastDo you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policySupport the show