The Logistics of Logistics Preventing Freight Fraud with Dale Prax
Dale Prax and Joe Lynch discuss preventing freight fraud. Dale is the Founder and CEO of FreightValidate, a carrier and freight broker identify verification and vetting system serving shippers, carriers, freight brokers.
About Dale PraxDale Prax is a dad, husband, grandfather, friend, mentor, Marine Corps veteran, inventor, innovator, disruptor, entrepreneur, fighter of fraud, freight executive, mobile app developer, freight rate analyst, philanthropist, and coach. Dale is the Founder of an Expedited Freight Brokerage company Direct Expedite. He also is the founder of two nonprofit organizations, a freight cost rating company, and a social media platform for freight professionals (FreightClub.us). His latest undertaking is FreightValidate, an identity and compliance verification system for shippers, freight brokers, motor carriers, load-boards, and factoring companies to verify that entities are in compliance with regulations and identify past, present, or potential fraudulent or double brokering threats.
About FreightValidateFreightValidate is a carrier and freight broker identify verification and vetting system serving shippers, carriers, freight brokers, load-boards, and factoring companies. The FreightValidate platform ensures regulatory compliance and swiftly identifies any past, present, or potential fraudulent or double brokering threats within the industry. FreightValidate checks Motor Carrier Authority, DOT number validity, business location, and blocklisting history to flag potential fraud or non-compliance. Carriers are "Validated," "Not Validated," or given "Warning/Caution" statuses based on multiple data points.
Key Takeaways: Preventing Freight Fraud- FreightValidate is a carrier and freight broker identity verification and vetting system. They assist logistics businesses in mitigating risks and upholding compliance.
- FreightValidate utilizes advanced facial recognition technology for identity verification, reducing fraud and impersonation.
- The company serves shippers, brokers, carriers, and partners in the freight industry.
- FreightValidate provide improved transparency, minimized risk of identity theft, enhanced compliance with regulations.
- FreightValidate focues on compliance: Verifies licenses, insurance, and other vital information for carriers and brokers.
- FreightValidate collaborates with other companies like MyCarrierPortal to offer a broader range of services.
- They offer transparent pricing structure with various subscription plans tailored to different users.
Direct: info@FreightValidate.com
Sales: sales@FreightValidate.com
The Logistics of Logistics Podcast