revocation

Load board fraud is gaining attention after The Wall Street Journal reported Truckstop, a leading load board provider, found reports of fraud increased 400% from Q4 2021 to Q4 2022, the highest level since 2004, when it began tracking the data. This article prompted Craig Fuller, CEO and founder of FreightWaves, to write an article on Tuesday arguing for massive load board providers to take greater responsibility for instances of fraud that take place on their platforms.

Drivers who paid top dollar for a used truck in the past year are probably kicking themselves, if not just taking the hit and walking away.

FreightWaves recently conducted a survey of owner-operators outlining business issues and outlooks on profitability in 2022 compared to the previous year.

A common theme during the downward swing in the cyclical freight market cycle is the movement of owner-operators in and out of large fleets.