MSC Taranto loses containers overboard off South Africa
NewsMSC Taranto is the latest container ship to lose containers off the South African coast.
A group of logistics executives have launched QuikSkope, a fraud protection solution that helps secure supply chains for all customers and stakeholders.
QuikSkope is designed to provide real-time, load-level verification and security protocols to combat fraud and criminal activity at the ground level. It uses geofencing and photo verification to allow cargo owners and brokers to confirm that drivers associated with carriers hired for the transport are physically on-site at pickup locations before a pickup numbers are released.
In addition, if fraud is detected or the verification process fails, QuikSkope notifies customers by email and prevents pick-up numbers being released. Customers van then view the photo provided and intervene by manually approving the pickup number release or calling the carrier and notifying them they need to be replaced for failure to verify their identity.
QuikSkope’s solution is different to many of the other systems on the market as these are focused on vetting carriers before they are hired to verify that their identities are correct and they have the proper authority to operate.
According to QuikSkope, its goal is not to replace that process, but to add another layer of security at the individual load level to ensure the carrier and driver hired are the ones that are executing the load, this reducing the practice of double brokering.
“The carrier can trust that the load is coming from a broker who will pay them. The broker will know that the carrier and driver hired, are the ones picking up the load. The shipper or warehouse can trust that the driver is verified and ready to load before they physically check-in,” said the company.
It added: “Bad actors will be reported and documented in real-time with QuikSkope making their findings available to those pursuing criminals and con artists”.
“With over 75 years of experience between our team in the logistics industry, we’ve all experienced first-hand the devastating financial results of freight fraud and the snowball effect it can have on relationships between carriers and brokers,” said Michael Fullam, founder of QuikSkope. “Our goal with QuikSkope was to make it as simple as possible for drivers to navigate the verification process and for brokers and shippers to respond. Clicking a text message link and uploading a quick photo encourages compliance by eliminating the need to download and employ yet another application and ultimately secures the full chain of custody.”
Action is definitely needed as incidents of freight fraud are increasing rapidly. In the US, new technologies have led to a proliferation of double-brokering. A recent study completed by DAT Freight and Analytics revealed that in 2022, 16% of trucking companies reported incidents of this nature. And this can be costly. The Alexandria (VA)-based Transportation Intermediaries Association, which is the professional association representing the third-party logistics industry, for instance, estimates fraud costs brokers, carriers, shippers, and consumers about US$800M a year.
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