US Trucking Sector Faces Continued Challenges Amid Q1 Slump...

The latest data from US Bank's Freight Payment Index for the first quarter delivers somber news, highlighting a persistent decline in both shipment volume and ...

Trucking Industry Shows Slight Progress, but a Full Recovery ...

US Trucking Sector Faces Continued Challenges Amid Q1 Slump in Volume and Spending May 2nd, 2024 In "Global Logistics". The Road Ahead: Top ...

More casualties in US trucking sector expected after Q1 slump in ...

Amid the speculation on when the US trucking market ... market turnaround to start the year, our data shows that the challenges continued.

Trucking in Crisis: The Struggle to Survive Amid Plummeting Rates

In contrast, the trucking industry faces severe challenges and struggles. ... US economy and the critical issues plaguing the trucking sector.

Troubles continued for U.S. truck freight market in Q1

“While there was hope for a freight market turnaround to start the year, our data shows that the challenges continued,” Bobby Holland, director ...

U.S. Trucking Industry Evolution and Challenges in 2024

In the face of these difficulties, companies such as Ship A Car, Inc. provide dependable solutions that prioritize efficiency, innovation, and ...

The Stark Reality of Convoy Trucking Collapse - Tank Transport

These challenges were intensified by a broader economic downturn ... Looking forward, the trucking industry faces the challenge of ...

Freight sentiment indexes see carriers, brokers down in Q4 2023

North American supply chains now face the task of navigating a market that continues ... American freight carriers reflects a sector ...

The Freight Recession & A Challenging Peak Season

Before 2023, the last industry downturn was in 2019 which happened, in part, due to excess truck capacity following a strong market in 2018 and ...

Exodus of fleets reaches historic levels in Q1, U.S. data shows

The tumbling freight spot market and historically high fuel prices are teaming up to push more small fleets out of the trucking ...

June 25th, 2024 U.S. Logistics Solutions Shuts Down, Impacting ...

... amid a challenging period for the trucking ... challenges, highlighting the broader economic difficulties facing the trucking sector.

State of the State Mid-Year 2024: 'Freight recession' continues for ...

The transportation sector and trucking in particular have been mired in an economic downturn for more than a year, and several stakeholders ...

Prolonged downcycle continues to eliminate trucking jobs

The number of trucking jobs keeps going down while the industry continues to adjust to a freight recession that won't seem to go away.

Trucking Limps Through Another Quarter in Q1 - Transport Topics

The trucking industry continued to bounce along the bottom of a prolonged freight recession during the first quarter of 2024.

The Inland Empire's once-unstoppable warehousing industry falls ...

... amid declines in freight ... The Inland Empire's troubles come as the U.S. economy faces an expected slowdown and the tech sector continues to ...

Layoffs and Bankruptcies Archives - FreightWaves

Freight brokerages typically can stay afloat during trucking recessions. But the ongoing, severe downturn has slammed third-party logistics companies. Read More ...

Tesla CFO eyes pullback in EV market amid slumping sales ...

... Q1 earnings call. Taneja, previously Tesla's chief accounting ... Global EV sales have also continued to face pressure, as carmakers ...

How Can Trucking Companies Thrive Amid a Rate Recession?

Did you know that nearly 70% of U.S. freight moves by truck? Yet, many trucking companies are facing significant business challenges in a ...

Freight recession will continue in 2024: CNBC Supply Chain Survey

... USA, as capacity in the logistics sector continues to outstrip weaker demand. The trucking sector, already facing extreme financial stress ...

2024 Mass Layoffs: Detailed List & Reporting of Notable Company ...

The current job market in the U.S. remains competitive, with low unemployment and steady job growth, but uncertainty looms as businesses face challenges in ...