FAQ: OTR Solutions and LoadConnect Partnership for Freight Fraud Prevention

What is the main purpose of the partnership between OTR Solutions and LoadConnect?

The partnership aims to combat freight fraud by integrating OTR’s credit verification data with LoadConnect’s load-management platform, providing carriers with real-time broker credit information and fraud prevention tools directly within their dispatch workflow.

Why is this partnership important for the freight industry?

Freight fraud has become one of the industry’s most pressing challenges, with carriers losing millions annually to double brokering, fake loads, and impersonation scams, making this integrated security solution critically needed.

How does the integration work to protect carriers from fraud?

The integration surfaces OTR’s trusted freight broker credit data natively on LoadConnect’s load boards, allowing carriers to access real-time broker credit information, verify pre-approved factoring status, and confirm authentic broker contact information directly within the platform.

What specific benefits do carriers gain from this partnership?

Carriers gain real-time broker verification, pre-approved factoring visibility, automated load management, protection from financial fallout of broker nonpayment, and the ability to make confident, data-backed decisions before moving any load.

Who are the key companies and individuals involved in this partnership?

OTR Solutions (represented by John Landrum, VP of Marketing) and LoadConnect (represented by Ronen Gilkarov, CMO) are partnering to deliver this integrated fraud prevention solution for carriers.

What capabilities does OTR Solutions bring to this partnership?

OTR Solutions provides comprehensive credit verification data, True Non-Recourse Factoring, Truly Instant Funding, and a broad network of approved brokers with rigorous credit verification processes to protect carriers from financial risks.

How does LoadConnect’s platform contribute to the partnership?

LoadConnect provides an advanced web-based load board extension and automated freight dispatch platform that integrates OTR’s credit intelligence directly into carriers’ regular workflow and load management systems.

What types of freight fraud does this partnership address?

The partnership specifically addresses double brokering, fake loads, and impersonation scams that have cost carriers millions of dollars annually in the freight industry.

How does this integration change the carrier experience?

It turns what was once a back-office credit verification process into a real-time safeguard that lives inside the dispatch workflow, giving carriers transparency and trust where it matters most during load booking.

What are the long-term plans for this partnership?

The partnership is built for the long term, with both companies already working toward deeper integrations and continued enhancements to carrier protection and operational efficiency.