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Preventing Fraud and Theft in Logistics
On today's episode on Veritas Vantage, Supply Chain Leaders Brian Hastings and Justin Maines address pressing issues of theft and fraud within the logistics industry. They delve into effective carrier selection strategies, the importance of technology in preventing fraud, and how to educate shippers on security measures. Insights from the Transportation Intermediaries Association (TIA) conference are shared, highlighting alarming statistics and common scams. Practical advice on screening carriers, recognizing red flags, and the significance of thorough verification processes are discussed.
The Logistics & Leadership Podcast, powered by Veritas Logistics, redefines logistics and personal growth. Hosted by industry veterans and supply chain leaders Brian Hastings and Justin Maines, it shares their journey from humble beginnings to a $50 million company. Discover invaluable lessons in logistics, mental toughness, and embracing the entrepreneurial spirit. The show delves into personal and professional development, routine, and the power of betting on oneself. From inspiring stories to practical insights, this podcast is a must for aspiring entrepreneurs, logistics professionals, and anyone seeking to push limits and achieve success.
Timestamps:
(00:00) - Educate Your Shippers
(00:27) - Introduction to Carrier Selection and Technology
(00:46) - Insights from TIA Conference
(01:57) - The Alarming Reality of Fraud and Theft
(02:51) - Regulations and Challenges in Carrier Selection
(04:19) - Red Flags in Carrier Verification
(08:54) - Best Practices for Shippers and Brokers
(12:59) - Conclusion and Call to Action
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