Expert details the impacts the 'Great Trucking Recession' will have on Americans
'All the trucking companies right now are in dark times'
By Fox News —— Bio and Archives--November 13, 2023
News in Brief—News Headlines | Comments | Back To Full Article
America's trucking industry is in a dire state, which is bad news for the American economy because it serves as an indicator of the mood of consumers and their pocketbooks heading into the holiday season, one expert warned.
Post pandemic, there has been a surplus of trucks and drivers compared to the amount of freight that needs transporting. As lockdown spending slowed and the cost of living continues to rise, more truckers are fighting for the same loads, which results in a "dogfight" between truckers and trucking companies, JKC Trucking Vice-President and Co-Owner Mike Kucharski told Fox News Digital. -- More...
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