Trucking Recession Continues
In a year of job losses for the trucking industry, November saw another blow, losing an additional 1000 jobs. Despite year-end trends towards job gains for the holiday season, the latest numbers signal a continuation for the US trucking recession. The loss consists mostly of owner-operators and smaller trucking companies. In the first half of the year, a total of 640 companies in the industry shut down. Freight volumes continue…