With a staggering 88,000-plus jobs lost in the trucking sector in April, the question becomes whether the change is temporary or more structural.
Since trucking is an industry in which barriers to entry and exit are so low, calling anything a “structural” change is always a bit risky. One need only look back at the wailing of 2018 that a driver shortage had the possibility to seriously cramp the nation’s economy for a long time to come. The Outbound Tender Rejection Index in SONAR, the leading...
https://www.freightwaves.com/news/the-numbers-behind-aprils-nearly-90000-job-losses-in-trucking