On Point with Meghna Chakrabarti cover image

The great freight recession

On Point with Meghna Chakrabarti

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Freight Industry in Flux: Pandemic Aftermath and Economic Impacts

This chapter explores the freight industry's dramatic shifts from the pandemic's truck driver shortages to today's oversupply crisis, shaped by changing consumer habits. It examines the financial struggles amid rising costs, including truck prices and driver wages, while addressing the contrasting profit margins across different sectors. The discussion provides insights into the ongoing freight recession and its potential economic implications.

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