Highway Launches Trusted Freight Exchange to Combat Fraud in Digital Freight Market
Highway's Trusted Freight Exchange introduces identity-verified transactions to address fraud and inefficiency in freight brokerage, creating a secure digital marketplace for carriers and brokers.
Highway, a provider of Carrier Identity and compliance solutions, has launched the Trusted Freight Exchange (TFX), positioning it as the industry's first secure digital freight exchange designed exclusively for verified carriers and vetted brokers. The platform integrates Highway's identity engine with Triumph's market rating, intelligence, payment, and credit capabilities, embedding identity verification, compliance, pricing, and payments into a single system.
TFX addresses critical industry challenges including impersonation, double brokering, fraud, non-payment, and poor visibility that plague traditional load boards. Unlike conventional platforms that often create noise and expose users to fraud, TFX offers brokers direct access to identity-verified, ELD-connected carriers while providing carriers with legitimate freight from trusted brokers without spam, uncertainty, or hidden fees.
Every transaction on the platform is supported by real-time fraud checks, verified rate intelligence, broker credit assurance, and secure financial settlement. Jordan Graft, Founder and CEO of Highway, stated that the company's goal was to build a secure, transparent platform for moving freight, emphasizing that TFX delivers on this promise through verified identity, assured payment, and a trusted network.
The exchange represents a significant shift toward identity-first infrastructure in freight transactions, aiming to eliminate the fragmentation and fraud associated with traditional methods. More information about the platform is available at https://highway.com/products/trusted-freight-exchange. The collaboration with Triumph, a financial and technology company focused on modernizing freight transactions, enhances the platform's capabilities through its expertise in payments, factoring, and banking solutions.
This development marks a milestone for the freight industry by establishing new standards for trust and security in digital freight exchanges, potentially reducing operational risks and improving efficiency for both carriers and brokers.