Fleet fraud is costly. A staged accident or injury claim by an employee can mean expensive payouts and increased insurance premiums, so it is essential that your business take steps to prevent and detect employee fraud. Anti-fraud measures and internal controls can and should be designed and customized for each individual organization based on its
Read More...Law enforcement and insurance providers alike have noted a sharp rise in common powertrain controller (CPC) thefts over the past year. These modules act as the commercial vehicles’ brains, and the trucks are unusable without them. The thefts have occurred in truck yards, repair shops, and even parking lots for commercial vehicles. The ongoing microchip
Read More...Many owner operators and small fleets discount telematics, as large fleets are often construed as the primary buyers. However, this doesn’t mean smaller operations can’t benefit from telematics. The data provides valuable feedback for drivers and fleets, regardless of size. Telematics solutions can track acceleration, driver speed, fuel
Read More...The proliferation of information technology has enabled thieves to defraud shippers and carriers at multiple points across the supply chain. The transportation risk management professionals at Interstate Motor Carriers have developed a list of “Best Practices” for Transportation/Logistic companies to avoid cargo theft and cyber related crimes: Screen all job applicants and current employees. An
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