Insurance moves to the fore as US ports start to deal with delayed cargo
Despite ending today, the lingering costs of the International Longshoremen’s Association (ILA) strike could leave ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
In October, a US jury awarded a truck driver $15.5m in damages after he suffered what Freightwaves describes as “catastrophic injuries”. Isaac Espinoza was injured while changing a tyre. Although the decision to award damages is nothing new, the report suggests the case proved a landmark in apportioning liability, with broker JB Hunt shouldering 40% of the blame. This, it says, could spell big problems in the future for 3PLs which fail to mitigate.
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