It is estimated that at least $800 million of freight payments are being double brokered annually. According to the Wall Street Journal, complaints about fraud, including double brokering, jumped 400% in the fourth quarter of 2022 from the same period the year before to the highest level since 2004.
Last week, the Transportation Intermediaries Association (TIA) voiced its concerns to Congress as Jeffrey Tucker, CEO of Tucker Company Worldwide, testified on TIA's behalf, emphasizing the urgent need for the Federal Motor Carrier Safety Administration (FMCSA) to tackle this rampant issue.
