The trucking and logistics industry, for a long time, has been the driving force of the US economy. When the industry booms, the demand for drivers and trucks climb swiftly. However, with the current state of high turnover rates and…
2019 is being called the trucking apocalypse. We’ve seen companies’ bankruptcies and lay-off rates skyrocket, seeing some of the largest, most prominent companies close their door. New England Motor Freight, a New Jersey-based carrier, declared bankruptcy in February, terminated about…
In the last few months the freight market has seen dramatic changes as a number of large established companies have closed their doors, stemming from the economy downturn in the freight volumes, pricing and a market now saturated with too…
