Another 4,200 Truck Drivers Lost Their Jobs in September as a Recession Slams America's $800 Billion Trucking Industry
Share
[aggregation-styles]
Business Insider
Business Insider
Neil Stayner has been a truck driver since 2001. But now that trucking rates have dipped significantly, he’s out.
“My business is finished, because the cost of freight has dropped to an all-time low,” Stayner told Business Insider. “It’s sad what I sacrificed every day, every week, every holiday — gone from my family.”
Trucking has been in a recession since the first half of 2019, according to ACT Research. That fact doesn’t surprise truck drivers, dozens of whom have told Business Insider that their earnings have slashed this year.
“My business is finished, because the cost of freight has dropped to an all-time low,” Stayner told Business Insider. “It’s sad what I sacrificed every day, every week, every holiday — gone from my family.”
Trucking has been in a recession since the first half of 2019, according to ACT Research. That fact doesn’t surprise truck drivers, dozens of whom have told Business Insider that their earnings have slashed this year.
RELATED TOPICS:
Categories
Latest
Videos
Courts /
6 hours ago
Federal Trade Court Blocks Trump From Imposing Sweeping Tariffs Under Emergency Powers Law
Housing /
6 hours ago
Why Did the California Senate Shunt a Cost-Cutting Housing Bill?
Politics /
6 hours ago
US Court Blocks Trump’s ‘Liberation Day’ Tariffs
Politics /
7 hours ago
Rubio Says US Will Start Revoking Visas for Chinese Students
Courts /
8 hours ago
