FreightWaves Inc

Overview

FreightWaves Inc, founded in 2016 and headquartered in the United States, operates within the software industry, specifically focusing on supply chain management software. The company employs between 501 and 1,000 staff members and has reported significant revenue. FreightWaves is involved in various sectors, including manufacturing and online media, with a particular emphasis on information services. The company has published a research article addressing the issue of double brokering in the freight transportation sector, which has been identified as a significant problem impacting financial and operational stability within the industry. This white paper discusses the prevalence of fraudulent double brokering, its economic repercussions estimated to affect hundreds of millions of dollars annually, and the need for improved verification processes to mitigate associated risks. It highlights the importance of establishing trust among industry stakeholders and outlines potential solutions to combat these fraudulent practices, emphasizing the role of rigorous verification in enhancing operational integrity within supply chains.

Industry