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Carrier to pay broker $6M for load stolen by cargo thieves

To preface this story – We take great pride to ensure we understand our clients’ needs and the risks associated therewith. If we were moving high value goods, we would know prior and ensure we have the proper insurance and security procedures. Further, we push down similar documented requirements on our carriers. Lastly, if we had an issue with a carrier, that is our problem, not our clients.

A federal judge in Ohio just awarded a broker $5.9 million for losing a load in a cargo theft.
The U.S. District judge Aug. 26 ruled to award the Ohio-based Excel Inc. the multi-million settlement in its case against Southern Refrigerated Transport, out of Texarkana, Ark.

At issue was a 2008 shipment of pharmaceuticals stolen from a rest stop near Dickson, Tenn., while en route from Exel’s Mechanicsburg, Pa., warehouse to Memphis.

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