As TCA Chairman John Culp begins the second quarter of his term, he shares his insights on the critical issues facing the trucking industry today. From rising costs to the push for zero-emission vehicles and the impact of nuclear verdicts, Culp provides a comprehensive look at the road ahead. Read the full interview in Truckload Authority! https://bit.ly/3RQglYJ
Appreciate your leadership John!
Marsh McLennan Agency | Business Risk Advisor | Assisting Businessowners and Executives Analyze, Transfer, & Mitigate Risks
Learn about the rise of Nuclear Verdicts in #trucking accident cases and their impact on the trucking industry. Read more in Marsh McLennan Agency's latest blog.
Trucking and Commercial Transportation Attorney at Saxton & Stump/Chief Legal Officer at Bluewire LLC
Honored to contribute to the discussion on this vital topic of nuclear verdicts in trucking. Please see my thoughts in this FreightWaves article. https://lnkd.in/gYxBzkND
The recent Werner verdict is a sign that while things slowed down during COVID, nuclear verdicts are still a major concern in the trucking industry - and they are increasingly awarded despite steps taken by the industry to combat them. Regulations and new safety equipment has contributed to the decline in fatal crashes per mile, but the quantity and magnitude of nuclear verdicts in the trucking industry continues to rise. #trucking #transportation #nuclearverdicts https://lnkd.in/gph9t-3q
CEO @ Good's Insurance | Licensed, Commercial Insurance Specializes in Trucking Insurance
Nuclear Verdicts! Get the knowledge on how to protect your trucking operations!
Defense Attorney 🔹 Public Speaker 🔹 Defending Lawsuits Involving Catastrophic Injuries to People and Property 🔹 Litigation Risk Management Strategist for Business and Industry
Great article by Timothy Good, TRS, CPIA regarding nuclear verdicts. All of this is good advice, and I'll add one more thing: have competent trucking counsel on speed-dial. Outside counsel not only brings the attorney-client privilege to the table, but also the expertise to help prevent errors in documentation and evidence preservation that may seem insignificant in the "fog of war" but later turn out to become some of the biggest issues in the case.
CEO @ Good's Insurance | Licensed, Commercial Insurance Specializes in Trucking Insurance
Nuclear Verdicts! Get the knowledge on how to protect your trucking operations!
Learn about the rise of "Nuclear Verdicts" in the #trucking accident cases and their impact on the trucking industry. Read more in Marsh McLennan Agency's latest blog. #TruckingAccidents #LegalIssues
Learn about the rise of "Nuclear Verdicts" in the #trucking accident cases and their impact on the trucking industry. Read more in Marsh McLennan Agency's latest blog. #TruckingAccidents #LegalIssues
Director of National Claims Operations - Marsh McLennan Agency | Asian Colleague Resource Group Enterprise Co-Chair - Marsh McLennan Agency | Co-Founder and Executive Board Member - Asian American Insurance Network
Learn about the rise of "Nuclear Verdicts" in the #trucking accident cases and their impact on the trucking industry. Read more in Marsh McLennan Agency's latest blog. #TruckingAccidents #LegalIssues
Learn about the rise of "Nuclear Verdicts" in the #trucking accident cases and their impact on the trucking industry. Read more in Marsh McLennan Agency's latest blog. #TruckingAccidents #LegalIssues
If you're in the Transportation/Logistics industry you may have seen these "nuclear verdicts" happening all around you! Looking at trucking litigation data between 2006 and 2019, the first five years of data showed 26 cases over $1 million. However, in the last five years of that data set, nearly 300 cases cost over $1 million. Why is this? Read the short article here:
Co-Founder of MagicMPG, CEO at Retention Analytics
1wJohn, I think you're spot on with your comments on replacing pre-2010 motors and removing the FET on new trucks. Those old motors kick out so much carbon (18+ tons/yr each), so replacing them would definitely be one of the smartest moves early on.