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Bluewire, a first-of-its-kind AI software-as-a-service (SaaS) company, aims to arm motor carriers and their insurers with data to help counter false narratives that lead to damaged reputations and potentially massive punitive damages in lawsuits.
The newly launched company believes that those narratives and the negative public image they create contribute heavily to nuclear verdicts those commonly exceeding $10 million against trucking companies.
Recently, such verdicts have been on the rise. In a study, the American Transportation Research Institute (ATRI) found that from 2006 to 2019, verdicts of over $10 million almost doubled. In addition, verdicts of over $1 million grew from 26 in 2006-2010 to 265 in 2015-2019.
Mississippi River traffic reopened under damaged bridge in Tennessee news8000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news8000.com Daily Mail and Mail on Sunday newspapers.
The barges were idle for three days while officials determined whether or not a crack discovered on the Interstate 40 bridge that connects Tennessee and Arkansas was safe to pass under.
The closure of the Hernando de Soto Bridge connecting Arkansas and Tennessee on Interstate 40 could cost the trucking industry more than $2.4 million a day, the Arkansas Trucking Association said Friday.