OTR Solutions and LoadConnect Launch Integrated Credit Verification to Combat Freight Fraud

The freight industry faces an escalating threat from fraud schemes that cost carriers millions of dollars each year through double brokering, fake loads, and impersonation scams. In response to this critical challenge, OTR Solutions and LoadConnect have formed a strategic partnership that integrates OTR's comprehensive credit verification data with LoadConnect's automated freight dispatch platform, creating a real-time safeguard within carrier workflow systems.

This collaboration represents a significant evolution in carrier protection by transforming what was traditionally a back-office credit verification process into an integrated security feature that operates natively within the load boards carriers use daily. John Landrum, VP of Marketing at OTR Solutions, emphasized that the partnership delivers transparency and trust where it matters most by embedding financial security directly into dispatch operations.

The integration enables carriers using LoadConnect to access real-time broker credit data from OTR's extensive network of approved brokers, instantly verify whether loads are pre-approved for factoring with OTR Solutions, and confirm authentic broker contact information directly within the platform to prevent impersonation fraud. This comprehensive approach addresses one of the industry's most significant vulnerabilities by providing carriers with data-backed decision-making tools before accepting any load.

OTR Solutions brings its established reputation in freight financial services to the partnership, including its position as the only provider of True Non-Recourse Factoring and its recently launched Truly Instant Funding offering. The company's rigorous credit verification process ensures carriers only haul for brokers that meet strict approval standards, protecting them from the financial fallout of broker nonpayment, chargebacks, and disputes that commonly affect carriers using less transparent providers.

By combining OTR's financial intelligence with LoadConnect's automated dispatch platform, carriers gain comprehensive protection that spans from initial load booking through final payment. The integration not only safeguards carrier payments but strengthens every transaction throughout the freight lifecycle, giving carriers the operational confidence to run their businesses without interruption or excessive risk exposure.

Ronen Gilkarov, CMO of LoadConnect, described the collaboration as bringing the best of both worlds to the carrier community by pairing automated dispatch efficiency with financial verification and security. He noted that the partnership is built for the long term, with both companies already working toward deeper integrations and expanded functionality that will continue evolving alongside carrier needs.

The OTR-LoadConnect partnership establishes a new benchmark for safety, visibility, and trust in freight technology by combining automation with trusted financial intelligence. This initiative represents a shared mission to build a more secure and transparent freight ecosystem that protects carriers from the growing sophistication of freight fraud schemes. The companies anticipate expanding their collaboration in the coming months with additional integrations and tools designed to further streamline carrier operations while reducing risk across all stages of the freight lifecycle. For more information about OTR Solutions' financial technology offerings, visit https://otrsolutions.com, while details about LoadConnect's automated dispatch platform are available at https://loadconnect.io.