The $75,000 Bond and Truckers Left Holding The Bag

Strong Bearish -100.0
Nearly 88,000 trucking companies closed in 2023. Fraud losses topped $455 million in 2024. Carriers filing claims against $75,000 surety bonds are discovering that the pot's already been split 50 ways. As the Supreme Court prepares to rule on whether brokers can be held liable for hiring bad carriers, it's time to ask: who really bears the risk in freight, and is the system rigged against the people actually moving the loads?
The post The $75,000 Bond and Truckers Left Holding The Bag appeared first on FreightWaves.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.