Core Functionality: Screens trucking carriers for DOT compliance, including MCS-150 filings, insurance coverage, safety ratings, and principal place of business (no P.O. boxes per 49 CFR 390.5T).
Process: Input carrier identifiers (e.g., DOT/MC numbers or names); AI pulls and analyzes data from FMCSA, UCR registration, and vehicle records to confirm operational status.
Benefits: Identifies high-risk carriers involved in fictitious pickups or identity theft, with "verified" badges for trusted partners to streamline partnerships.
Core Functionality: Validates freight brokers' active operating authority (MC/USDOT numbers), surety bonds (BMC-84/BMC-85 at $75,000 minimum), and financial stability per DOT regulations.
Process: Users enter broker details via a simple search tool; the system cross-references FMCSA's SAFER system and public databases for instant results (under 10 seconds).
Benefits: Detects revoked authorities, pending applications, or multiple affiliations indicative of scams, reducing exposure to unpaid loads or unauthorized re-brokering.
Core Functionality: Leverages machine learning to produce dynamic, on-demand reports assessing fraud probability, including historical red flags (e.g., past double-brokering incidents) and predictive risk scores.
Process: After verification scans, AI aggregates data into downloadable PDFs or dashboards, flagging anomalies like sudden authority changes or mismatched identities; reports can be customized for audits or claims.
Benefits: Goes beyond basic checks by forecasting potential threats (e.g., $700M annual industry losses from double-brokering), enabling proactive mitigation and compliance documentation for insurers or regulators.
MyVerified.co is an AI-driven verification platform tailored for the transportation and logistics industry, specializing in real-time broker and carrier verification to combat fraud, double-brokering, and identity theft. By integrating with FMCSA data, insurance records, and other regulatory sources, it enables quick, automated checks for compliance and legitimacy, serving carriers, brokers, shippers, factoring companies, and load boards. The platform emphasizes fraud prevention through advanced AI analytics, generating customizable reports that highlight risks and provide actionable insights.
