1349. #TFCP - Why Holiday Season Means Higher Freight Theft - And How to Fight It!
Description
If you think your freight operation is exposed to organized theft or unknowingly carrying liability that could wipe out your business, you must listen to this episode with Michael Caney from HIGHWAY!
Michael explains why freight theft has escalated into a national security issue, with organized, often foreign-led crime rings targeting U.S. supply chains, and why freight brokers are increasingly left holding the bag when loads go missing.
We dig into how shipper contracts shift liability unfairly onto brokers, how undisclosed cargo values and fraudulent or "ghost" carriers magnify risk, why insurance agencies and factoring companies often enable the problem with little accountability, how post-2020 market behavior and "book it fast" culture have fueled freight fraud, and why extreme ownership, operational discipline, and transparent broker-shipper communication are no longer optional!
About Michael Caney
Michael Caney is the Chief Commercial Officer at Highway. He leads marketing, sales, sales engineering, customer success, and partnerships, drawing on a career that spans building and scaling both freight brokerages and supply chain technology companies. Before joining Highway, Michael held senior leadership roles across startups and established firms, guiding teams from early operations through sustained market leadership. His background as an operator gives him a grounded, execution-focused approach to strategy, team building, and category creation.
Connect with Michael
- Website: https://highway.com/
- Email: michael@highway.com
- LinkedIn: https://www.linkedin.com/in/michaelcaney/
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