C.H. Robinson: Hit with nuclear verdict for 2021 crash; exposure rises post Montgomery

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C.H. Robinson: Hit with nuclear verdict for 2021 crash; exposure rises post Montgomery

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C.H. Robinson

Hit with nuclear verdict for 2021 crash;

exposure rises post Montgomery

Reiterate Rating: BUY | PO: 226.00 USD | Price: 193.08 USD

CHRW hit with big nuclear verdict; process will be long 24 July 2026

In a move that could upend entrenched views of limited broker exposure to risk, a jury Equity

yesterday found that even a broker that hires a satisfactory-rated carrier can be liable. It

also effectively treated CHRW as the driver’s employer, a shifting landscape post the KenResearchHoexterAnalyst

Supreme Court’s Montgomery decision. According to Freightwaves, one of the largest BofAS

nuclear verdicts in trucking history was issued on Thursday, as a jury in Dallas County +1ken.hoexter@bofa.com646 855 1498

Court awarded ~$604 million in a case stemming from a Mar ‘21 crash in Jackson, MS Adam Roszkowski, CFA

that killed 3 people, after a Lupus Superior truck, driven by a Lupus employee, Gorgonio Research Analyst

BofAS

Gonzalez, plowed into several cars (Mr. Gonzalez also died). C.H. Robinson had hired +1 646 855 5498

Lupus Superior to move a load for Arizona Beverages. The Supreme Court’s decision in adam.roszkowski@bofa.com

Montgomery v Caribe (May 14, 2026) held that FAA Authorization Act does not preempt

state law claims against transport brokers for negligent hiring of motor carriers in

personal injury cases. In this case, the carrier had a Satisfactory rating from the FMCSA Stock Data

both before and after a review following the accident. C.H. Robinson noted the carrier

had safely delivered 270 loads to its customer. The jury split fault to 45% to the driver, Price 193.08 USD

32% to Lupus Superior, and 23% to C.H Robinson (~$139 mil).