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We're In the Midst of Trucking Bloodbath 2.0
Odd Lots
The Revocation of Trucking Authority in the First Quarter of 2019
In the first quarter of this year alone, we saw 9,000 trucking fleets have their authorities revoked. The problem was through 2020, 2021, early 2022, most of 22, that usually these large fleets prefer to buy new trucks. They don't usually prefer to buy used trucks. These large fleets are pretty rapidly expanding, pretty rapidly hiring. That's kind of how the market is shaking up right now.
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