Originally published at: 3PL stocks drop in wake of stunning Texas case against C.H. Robinson - FreightWaves
Wall Street sold off freight brokerage stocks following a nuclear verdict in Texas.
Wow, this is not good for pure play brokers. Maybe the big boys will look to mirror Landstar’s set up to lock in owner operators under their own DOT number and vet them that way into covering the frieght. You know the asset carriers with hundreds of trucks + have leverage on the brokers now.
Zud