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‘Nuclear’ verdict on CHRW liability brings fresh headaches to freight brokers
3PL stocks have fallen in the wake of a ‘nuclear’ verdict by a Texas jury on brokerage CH Robinson (CHRW) and trucking firm Lupus Superior. Coming after the US Supreme Court’s ruling in May that a freight broker can be held liable in the event of an accident caused by a trucker hired by the brokerage, the verdict is seen as a harbinger of more litigation against brokers, higher insurance costs, .. Read full article →
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