Jul 24 2024
Ep. 8 - Transportation Theft, Fraud, and The Law
In this episode we hear from Craig Helmreich, President and Founder of Helmreich Law, about the intersection of law and the supply chain. Topics include fraud and theft in the transportation industry, the evolution of the transportation industry from a legal perspective, the impact of technology on the practice of law, and the challenges faced by small motor carriers. Helmreich shares insights and stories about fake shippers, cargo theft, and the importance of being vigilant and skeptical in the industry especially when Mentos, Taco Bell, or truck drivers wearing black ski masks are picking up a load. Key Takeaways:Fraud and theft in the transportation industry have become more prevalent in recent years, with small dollar foodstuffs being a common target.Fake shippers often impersonate legitimate companies and use tactics like changing destination addresses and skimming shipments.The industry needs to create a culture of vigilance and skepticism to prevent fraud and theft, and training frontline workers on recognizing red flags is crucial.While blockchain technology could enhance security and prevent fraud, widespread adoption among small motor carriers may be challenging.Efficiency and speed of transactions are important in the industry, but safety and security should not be compromised.
