Will 2019\’s Trucking \”Bloodbath\” Continue in 2020?
#2019 generally was not a great year for #trucking. The number of loads posted on DAT is up year-on-year, yet #truckingrates are down. #Bankruptcies are up 3x from the previous…
Trucking as a Leading Indicator: Is a Recession Far Behind Recent News?
Rich Logistics announced layoffs for roughly 40% of its drivers, and 5 terminals closures in a downsizing of its parent company, Roadrunner Transportation Systems (roughly 10% of its workforce). Relatedly,…
Another Major US Trucking Co Quits Mexico
Trucking is tough all over right now; Mexico is no exception. U.S. Xpress shuttered its Mexico operations earlier this year; now Covenant Transport is following suit. (8th and 16th largest…
