No end in sight of the misery for US trucking: ‘It’s a broken model’

The US trucking market limped through a dismal summer, and the misery is expected to continue into next year. Rates have risen, but this was the result of diminishing capacity, not of a healthy market, and despite tepid demand, tender rejections are soaring, which has prompted warnings of a structural crisis for the industry. Not everybody sees a sector in crisis, though. At first glance, the indu Read full article →