Court upholds judgment against USA Truck in contract breach claim

Correct me if I'm wrong, but it looks like Yousa was trying to cut out the middle man?

And I'm guessing the other firm (All-Ways) was taking bids from trucks other than USA?

Bah, anyway, it looks like some sales puke just jumped the shark. I don't think this will have much effect on drivers.

 

In these tough times it may.That is a nice little chunk of change they have to pay and seeing they havent turned a profit for a few quarters now they will have to find a way to make up that money somewhere

 

Not much effect on drivers? Usa is a publicly traded company and has to answer to their shareholders. They will have to recoup this money somewhere. Maybe all of the folks in the management areas will take a big pay cut so the drivers can continue to make a good living. The drivers are ALWAYS the first to take a hit in any trucking company.
Oh, btw, usa is self insured and will have to pay this out directly causing their stocks to plummet.

 

Self insured how far ???

Some (most) companies have a ceiling, then insurance kicks in !!!

 

I doubt they have lawsuit insurance.This isn't the result of a wreck, this is breech of contract. I do not believe it would fall under any liability coverage.

 

I use to work for USA Truck and their pay out for liability for any accident is $1.6 million then insurance company covers the rest.