The devastating impact of ‘nuclear verdicts’ on the trucking industry

May 08, 2024 at 02:18 PM CST
In recent years, the trucking industry has seen a significant rise in nuclear verdicts—judgments where damages exceed $10 million. These verdicts can have catastrophic effects on fleet businesses, not only in financial terms but also in terms of reputation and operational viability. The threat of such outcomes makes the choice of equipment, such as trailer lighting systems, more than a matter of compliance or efficiency; it’s a strategic decision critical to the very survival of a fleet.

May 08, 2024 at 02:18 PM CST

In recent years, the trucking industry has seen a significant rise in nuclear verdicts—judgments where damages exceed $10 million. These verdicts can have catastrophic effects on fleet businesses, not only in financial terms but also in terms of reputation and operational viability. The threat of such outcomes makes the choice of equipment, such as trailer lighting systems, more than a matter of compliance or efficiency; it’s a strategic decision critical to the very survival of a fleet.