R&R’s collapse, Landstar’s $23M verdict & CSX pivots to efficiency | The Daily

The industrial economy flashes a warning sign as⁠ CSX reports a dip in revenue⁠ and pivots back to a strategy of strict cost discipline. Executives cite subdued demand as the primary driver for⁠ abandoning previous growth targets⁠ in favor of efficiency. In the brokerage sector, the⁠ sudden collapse of the R&R Family of Companies⁠ serves as a brutal cautionary tale about rapid expansion and cash burn. Former employees reveal how⁠ failed acquisitions and maintenance costs⁠ spiraled into a crisis that left drivers stranded. Legal risks for 3PLs escalate after a Texas court rules⁠ Landstar is fully liable for a $23 million accident verdict⁠, overturning a previous jury decision. This ruling intensifies the stakes for an upcoming⁠ Supreme Court decision on broker liability⁠ regarding the federal preemption of state negligence claims. On the infrastructure front, Congress advances a spending package that includes⁠ a record $200 million for truck parking⁠ to improve safety and retention. Meanwhile, the adoption of electric trucks gets a boost through⁠ a new charging partnership⁠ aimed at achieving cost parity with diesel on major freight corridors. ⁠Follow the FreightWaves NOW Podcast⁠ ⁠Other FreightWaves Shows⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices