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
Economy /
9 hours ago
Moody’s Downgrades US Credit Rating Amid Rising Federal Deficit Concerns
Crime /
9 hours ago
Sheriff Says There Are Indications 10 Escapees From New Orleans Jail Had Inside Help
Local /
10 hours ago
Two Killed in Fresno County Crash Are Identified
Courts /
11 hours ago
Supreme Court Rejects Trump Bid to Resume Quick Deportations of Venezuelans
SF 49ers /
11 hours ago
Brock Purdy Agrees to 5-Year, $265 Million Extension With the 49ers
Politics /
11 hours ago
