Uploaded August 2026 | Updated September 2026, 2 weeks ago
Cargo theft is changing fast .... and freight fraud is getting EXPENSIVE. Cargo theft incidents dropped 26% in Q2 2026, yet reported losses surged to $304.6 MILLION. Fewer thefts. More than double the money stolen.
So HOW are freight thieves doing it and who pays when they succeed?
On this episode of Brake Check, Charles Gracey sits down with Jared Flinn, founder of BulkLoads.com, and freight risk expert Drew Wilder to expose the new reality of cargo theft and trucking fraud.
We're breaking down freight fraud, double brokering, cloned carrier identities, stolen MC numbers, fake certificates of insurance (COIs), cargo claims, broker fraud, vicarious liability and trucking insurance ... including how legitimate motor carriers can get dragged into claims involving freight they NEVER hauled.
More importantly: How do you protect your trucking company before it happens?
What should you verify before booking a load? How can you spot a fake COI?
What happens when a broker disappears?
What should you do if someone steals your carrier identity?
Who actually pays for stolen cargo?
And what documentation could save your company when a claim lands months later?
This isn't another conversation about how bad freight fraud has become.
This is how you keep somebody else's crime from becoming YOUR bill.
If you're a truck driver, owner-operator, motor carrier, freight broker, dispatcher, fleet owner, shipper, insurance professional or anyone working in trucking and logistics, this episode could change what you check before your next load moves.
Watch before your next load gets booked.
#CargoTheft #FreightFraud #Trucking #DoubleBrokering #OwnerOperator #FreightBroker #TruckingInsurance #SupplyChain
Cargo theft is changing fast .... and freight fraud is getting EXPENSIVE. Cargo theft incidents dropped 26% in Q2 2026, yet reported losses surged to $304.6 MILLION. Fewer thefts. More than double the money stolen.
So HOW are freight thieves doing it and who pays when they succeed?
On this episode of Brake Check, Charles Gracey sits down with Jared Flinn, founder of BulkLoads.com, and freight risk expert Drew Wilder to expose the new reality of cargo theft and trucking fraud.
We're breaking down freight fraud, double brokering, cloned carrier identities, stolen MC numbers, fake certificates of insurance (COIs), cargo claims, broker fraud, vicarious liability and trucking insurance ... including how legitimate motor carriers can get dragged into claims involving freight they NEVER hauled.
More importantly: How do you protect your trucking company before it happens?
What should you verify before booking a load? How can you spot a fake COI?
What happens when a broker disappears?
What should you do if someone steals your carrier identity?
Who actually pays for stolen cargo?
And what documentation could save your company when a claim lands months later?
This isn't another conversation about how bad freight fraud has become.
This is how you keep somebody else's crime from becoming YOUR bill.
If you're a truck driver, owner-operator, motor carrier, freight broker, dispatcher, fleet owner, shipper, insurance professional or anyone working in trucking and logistics, this episode could change what you check before your next load moves.
Watch before your next load gets booked.
#CargoTheft #FreightFraud #Trucking #DoubleBrokering #OwnerOperator #FreightBroker #TruckingInsurance #SupplyChain
