Financial Ports

$700m Verdict Shakes Freight Brokers as Diesel Prices Climb Again

CLAVE 1 / 4A Dallas County judge has affirmed a $603 million verdict against freight broker C.H. Robinson, adding $100 million in interest.

CLAVE 2 / 4The total judgment now stands at $700 million and grows daily at an interest rate above 6%.

CLAVE 3 / 4The Department of Energy’s diesel benchmark rose 9.7 cents this week to $6.276 per gallon, reversing three weeks of declines.

CLAVE 4 / 4Fuel prices ranked as the No. 1 concern in the American Transportation Research Institute’s 2023 survey, the first time in two years.

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