Study: Cost of trucking litigation averages $16.8M
A new report says lawsuit abuse tied to commercial truck accidents is driving up litigation and insurance costs for carriers and contributing to supply-chain disruptions and higher prices.
A new report finds the average cost of trucking litigation is $16.8 million. It concludes that lawsuit abuse involving commercial truck accidents is increasing litigation and insurance costs for carriers, crippling supply chains and raising prices for businesses and consumers.