The platooning of cars and trucks is a pertinent approach for autonomous driving due to the effective utilization of roadways. The decreased gas consumption levels are an added merit owing to sustainability. Conventional platooning depended on Dedicated Short-Range Communication (DSRC)-based vehicle-to-vehicle communications. The computations were executed by the platoon members with their constrained capabilities. The advent of 5G has favored Intelligent Transportation Systems (ITS) to adopt Multi-access Edge Computing (MEC) in platooning paradigms by offloading the computational tasks to the edge server. In this research, vital parameters in vehicular platooning systems, viz. latency-sensitive radio resource management schemes, and Age of Information (AoI) are investigated. In addition, the delivery rates of Cooperative Awareness Messages (CAM) that ensure expeditious reception of safety-critical messages at the roadside units (RSU) are also examined. However, for latency-sensitive applications like vehicular networks, it is essential to address multiple and correlated objectives. To solve such objectives effectively and simultaneously, the Multi-Agent Deep Deterministic Policy Gradient (MADDPG) framework necessitates a better and more sophisticated model to enhance its ability. In this paper, a novel Cascaded MADDPG framework, CMADDPG, is proposed to train cascaded target critics, which aims at achieving expected rewards through the collaborative conduct of agents. The estimation bias phenomenon, which hinders a system's overall performance, is vividly circumvented in this cascaded algorithm. Eventually, experimental analysis also demonstrates the potential of the proposed algorithm by evaluating the convergence factor, which stabilizes quickly with minimum distortions, and reliable CAM message dissemination with 99% probability. The average AoI quantity is maintained within the 5-10 ms range, guaranteeing better QoS. This technique has proven its robustness in decentralized resource allocation against channel uncertainties caused by higher mobility in the environment. Most importantly, the performance of the proposed algorithm remains unaffected by increasing platoon size and leading channel uncertainties.