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The trucking industry is facing significant legal and operational challenges, highlighted by a $462 million verdict against Wabash National in a trailer equipment case. This ruling is considered the largest strict liability verdict against a trailer manufacturer. Additionally, the industry is grappling with a 49% surge in cargo theft in the first half of 2024, which has been identified as a major supply chain risk. Legal complexities are also arising from the rise of transportation contractors, leading to intricate coverage litigation. Another notable case involves a $160 million award against Daimler Truck North America for a rollover incident that left a driver of a 2023 model Western Star truck a quadriplegic.
Cargo theft is up 49% in the first half of 2024. @Overhaulincs's Danny Ramon breaks down the shocking statistics on an issue many freight executives are calling their biggest supply chain risk. Watch the full episode of @FWwhatthetruck with @TimothyDooner here:… https://t.co/6PtoJNPYaW
Today on @FWwhatthetruck, @TimothyDooner is talking about Wabash National getting hit with a $462 million verdict in a trailer equipment case. Armchair Attorney Matthew Lefler (@ArmchairAtty) breaks down the case he calls “The largest strict liability verdict against a trailer… https://t.co/S9YHVQ9MQn
Attorney breaks down $462M thermonuclear Wabash verdict; freight theft up 49% in H1 now on demand on WTT @FWwhatthetruck presented by @unisys - @ArmchairAtty on the staggering Wabash ruling - @Overhaulinc Danny Ramon on the rapid rise in cargo theft - Biden admins big ruling on… https://t.co/Rhs8l0CQsI
