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The vehicle transport industry is currently facing significant challenges. The main reason is that most large transport brokers (including us) are now using third-party insurance compliance monitoring companies to identify and eliminate illegal and fraudulent carriers. These carriers operate under multiple names with a single insurance policy that doesn't cover their vehicles.


This has resulted in removing fake companies and carriers with fraudulent insurance policies. The downside to this process is that it has reduced the number of legitimate carriers in a market where demand was already high. 


According to the basic economic principle of supply and demand, fewer carriers and higher demand naturally lead to higher prices and longer wait times. Despite the difficulty, addressing this issue was necessary as it has saved millions of dollars previously wasted due to insurance fraud in the industry.


You can always count on Team Alex to inform you of the latest news that affects your transports.

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