THE BANNON REPORT?

it looks like the FMCSA is finally making their Captcha easier for everyone in freight transportation to understand.

?? Cargo Theft is Surging and It's More Organized Than Ever Cargo theft in the U.S. jumped 49% YoY in 2024, with organized crime driving the surge, according to Overhaul. Criminal gangs, including cartel-affiliated groups, are refining their tactics, targeting intermodal hubs like Dallas, Atlanta, and Phoenix, with hotspots in California, Texas, and Arizona. Some are even forcing illegal immigrants into theft rings under indentured servitude conditions. With electronics making up 24% of all stolen freight in the U.S., it’s clear that supply chain security is no longer just a concern, it’s a priority. Overhaul’s experts predict transnational crime groups will only expand further in the next three to five years. For freight brokers, carriers, and shippers, this isn’t just another headline, it’s a wake-up call. Protecting your freight starts long before it’s on the road. Avoiding theft begins with proactive fraud prevention and thoroughly vetting your counterparts. #SupplyChain #Logistics #CargoTheft #FreightSecurity

It's been a solid 8 months since we started seeing carriers insured by Geico. Today there are over 10,000 active Authorities with either Geico County, Geico Marine, or Geico General. I’m sure many of you have had to request a COI, call with questions, or even file a claim with Geico by now. So, what is the verdict? Better, same, or different than Progressive?

Travelers for the win!!

It is common practice for some freight brokers to avoid carriers with policies handled by certain insurance agencies. And don’t think those agencies aren’t aware. When you deny a load to a carrier and tell them it is because their insurance agency is flagged, you better believe their next call is to their insurance agent. A legit insurance producer would investigate why their agency is on a No-Fly list.?A deceptive insurance producer would handle these situations by rebranding. We have seen it many times. GLG Insurance had a short run as Green Hills Insurance and Nevada Trucking Insurance. Golden Pro became Truck Secure and for a while we saw them as GZP. And don’t get me started on Tri County Insurance, I can’t keep up with their spinoffs. And some of the insurance rebrands have been rebranded. ITT Insurance is one of those agencies, and one of their attempts at a clean slate is Insurance Connect Center. Tim Bannon has always said, “Nobody changes their name unless they have something to hide.”

Central Valley Xpress Inc., MC 1180575, has been on our list for some time. They are a solid DNU in our book, but your mileage may vary. Their insurance policy is written through Fastline Commercial Insurance, one of those producers I always give a side-eye to when they show up. When you track these MCs and keep an eye on what’s happening around them, you find others like Colt Carrier Inc., MC 1523278. It’s not hard to connect these two carriers, and it becomes even easier when you see they share the same side-eye insurance agency. You can do the vetting yourself or save time and just check The Bannon Report.

Thank you Patrick Avas

If You’re Starting Your Own Authority, Read This ? The moment you get your DOT number; your phone won’t stop ringing. Emails will flood in. Insurance agents, compliance companies and dispatchers every one of them saying they’re here to help. But they’re not. ? They want your money. And they’ll use fear to get it. ?? Insurance agents will say they’re the only good option; you’ll be “stuck” without them. That’s a lie. ?? Compliance companies will claim you have 15 days to file something urgent or face fines. Another lie. ?? Some dispatchers will promise you loads but pull you into double brokering, ruining your record before you even know what’s happening. ? I’ve seen too many new carriers fall for these traps. They just wanted to make a living. Instead, they got tangled in scams they never saw coming. If you’re just starting out, be careful. Read everything. Ignore the noise. And never rush into anything just because someone says you have to. ? Once your name gets tied to fraud, there’s no going back. ? I’m telling you this because I want you to succeed. Not because I want your money. #TheBannonReport ?? #3PL #FreightFraud #Prevention

what i have learned today was do your research please trucking company owners your livelihood is on the line with who you trust. look up google reviews, ask others in the industry, for the love of EVERYTHING do not just trust the first person who answers your call or calls you for that matter. I dont know that I can help the company un do all that was done by taking trucking advice from a recruiter that referred the dispatcher to them that then gave more bad advice we won't get into the current agent that's sent 2 coi an hour apart for policies not reflected on the fmsca but i will give it my best because i truly believe these guys are trying to do the right thing and just dont know how and have trusted the wrong folks. not alot of detail i understand i have to keep it that way but hopefully enough information was gathered and given to THE BANNON REPORT? to get the bad guys blasted. always always get more then one opinion ALWAYS. the day in the life of an honest trucking insurance agent.

SCAMMERS DON'T WORK ALONE! MC 1476340 is a double broker and rolls with a crowd that steals freight. But this post is not about a carrier I want you to avoid. What we really want you to remember is scammers don’t work alone. Everybody that allows scammers to operate is complicit at best, and sometimes they are a scam themselves. Let’s look at Jan Insurance Services Inc. The California Department of Insurance granted this agency a license to be an insurance producer. They also granted Narek Hakobyan a license to sell insurance. Jan Insurance Services does not write insurance policies. In fact, this is only one scam his name is behind. He is nothing more than one of the people that makes the double broker process work. Jan Insurance Services was set up for the sole purpose of editing COI’s to show their agency info, contact information, and a bunch of vin numbers that are not theirs. Fake insurance is nothing the Bannon Report hasn’t droned on about many times, but Narek needed a shout out. His phone number and address are also connected to no less than 3, hospice or home care agencies. If you think freight fraud is huge, you should take a look at medical billing fraud. ???Exciting News!??? We’re gearing up to launch a powerful new tool in 2025!??? Now’s the time to lock in your 2024 pricing and secure grandfathered access to our improved platform as we expand. Don’t miss this chance to stay ahead of the competition with a solution trusted by logistics leaders. ??Start your journey today with The Bannon Report?– Unlocking Insights, Empowering Decisions in transportation. #Logistics #FraudPrevention #TheBannonReport #TransportationSolutions