Overhaul
Overhaul launches AI-powered fraud detection software to combat freight fraud for shippers and 3PLs

Overhaul releases AI-powered freight fraud detection software for shippers and 3PLs

Jan. 15, 2025
With Overhaul FraudWatch, users receive real-time data and alerts, enabling them to identify fraudulent threats, such as fictitious pickups and double brokering, and take action accordingly.

Overhaul, a supply chain risk management and intelligence company, is fighting back against freight fraud with Overhaul FraudWatch, a new solution designed to expose bad actors, protect shipments, and empower shippers and logistics providers to stay one step ahead of fraudsters. Overhaul FraudWatch provides real-time data and alerts, equipping users with the insights needed to detect fraudulent threats like fictitious pickups and double brokering and take action.

The stakes have never been higher. According to the Transportation Intermediaries Association, truckload freight fraud has become a leading issue, with 98% of surveyed logistics companies identifying it as a critical vulnerability. The average financial impact per company exceeds $402,000 annually, and individual loads can result in losses of $40,760 or more. Fraudulent schemes—ranging from fictitious pickups and carrier identity theft to double brokering scams—have surged from less than 5% of reported thefts to over 35% of all reported cargo thefts, making it clear that supply chains need more than traditional protections.

"Fraud is no longer a risk you can afford to ignore. It's a crisis affecting businesses of every size," Barry Conlon, CEO of Overhaul, said. "FraudWatch delivers the tools businesses need to outsmart bad actors, equipping them to identify vulnerabilities and stop fraud before it disrupts their operations."

See also: Trucking's AI outlook: What solutions await in 2025

Overhaul FraudWatch offers the following features:

  • Ability to expose high-risk carriers before it's too late: AI-enabled scoring—built from millions of shipments—uncovers fraud indicators, from compliance gaps to sudden risk spikes.
  • Industry-leading intelligence expertise: Overhaul's intelligence operation identifies fraudulent carriers and pushes them to the Overhaul platform for alerting.
  • Real-time alerts to stop fraud: Immediate notifications for unauthorized pickups, suspicious double brokering, and more.
  • Law enforcement intelligence: Access to law enforcement networks provides visibility into organized theft rings and emerging fraud patterns.
  • Easy integration for instant impact: Fits into existing workflows via platform tools or API, delivering insights when needed.

States like California, Texas, and Illinois are at the epicenter of this crisis, with California alone accounting for 37% of all reported freight fraud incidents, according to Overhaul's latest U.S. cargo theft report. As these schemes grow more sophisticated, supply chains must adapt with tools that deliver security at scale.

"With Overhaul FraudWatch, we're not just responding to the problem—we're staying ahead of it," Conlon said. "This solution is about empowerment. It ensures our customers have the clarity and control needed to keep their operations safe."

Recent freight fraud coverage

About the Author

Jenna Hume | Digital Editor

Digital Editor Jenna Hume joined FleetOwner in November of 2o23 and previously worked as a writer in the gaming industry. She has a bachelor of fine arts degree in creative writing from Truman State University and a master of fine arts degree in writing from Lindenwood University. She is currently based in Missouri. 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Optimizing your fleet safety program using AI

Learn how AI supports fleet safety programs with tools for compliance monitoring, driver coaching and incident analysis to reduce risks and improve efficiency.

Mitigate Risk with Data from Route Scores

Route Scores help fleets navigate the risk factors they encounter in the lanes they travel, helping to keep costs down.

Uniting for Bold Solutions to Tackle Transportation’s Biggest Challenges

Over 300 leaders in transportation, logistics, and distribution gathered at Ignite 2024. From new products to innovative solutions, Ignite highlighted the importance of strong...

Seasonal Strategies for Maintaining a Safe & Efficient Fleet Year-Round

Prepare your fleet for every season! From winterizing vehicles to summer heat safety, our eBook covers essential strategies for year-round fleet safety. Download now to reduce...