Comment on The freight recession is getting worse as the economy detoxes from the pandemic trucking boom

The freight recession is getting worse as the economy detoxes from the pandemic trucking boom

The freight recession is here as trucking sees a slowdown across the economy.Joe Raedle / Getty Images July data from Motive showed a contraction for US carriers and a 15% year-over-year decline in retail demand. Unemployment for truck drivers could move higher as larger carriers, like Yellow, feel more pain. The freight recession may also signal a "detox" from the artificial demand spikes and gross margins seen in the pandemic.

 

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