Transportation and Logistics as an industry is no stranger to change and disruption. Historically, these issues have been related to weather events or even changes in legislation. There are usually some things the transportation industry can count on: tight capacity out of California and Florida during the spring produce season, fuel rates spiking in the summer, and a slowdown of shipping in December each year.
If someone mentions they work for a trucking company, most people have a pretty good idea of what that company does. They have seen enough semi trucks rolling down the highway, to know that they are moving products from point A to point B.
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Historically, brokers have NOT been liable for a claim under the Carmack Amendment. A recent legal decision regarding broker liability will have an immediate impact on freight brokers. Within a FreightWaves article, a Federal Judge held that Seneca Logistics, LLC “the Broker”), a freight broker, was liable to their customer, Richwell Group, Inc. (“the Customer”), for a stolen load of lobster (“the Cargo”) valued at over $300,000. The Court held that the Broker put themselves in a position to care for cargo and, as a result, shall be liable for the cargo theft despite the traditional protections afforded by the Carmack Amendment.