Why are trucking companies going bankrupt? & why are truck drivers losing their jobs by the thousands? ?

What is going on in the trucking industry right now? 

5 Answers

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  • 2 months ago

    Fuel costs too much, speed limits are too low and wages can't keep up.

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  • 2 months ago

    Market correction!

    The market for shipping services either has too many suppliers or the size of the market is shrinking.

    With the "Trade wars" it could be a shrinking market. But part of that is also the over abundance of suppliers of the service.

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  • 2 months ago

    Looks like you listened to the commercial from the truckers' charity organization.

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  • Anonymous
    2 months ago

    Because America can’t have jobs. It is forbidden. 

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  • Will
    Lv 7
    2 months ago

    It's because of the trade war with China. The decrease in imports means there is less stuff that needs to be transported around the country.

    Source(s): I'm a truck driver.
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