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?
- The DevilLv 72 months ago
Fuel costs too much, speed limits are too low and wages can't keep up.
- Old Man DirtLv 72 months ago
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.
- regeruggedLv 72 months ago
Looks like you listened to the commercial from the truckers' charity organization.
- Anonymous2 months ago
Because America can’t have jobs. It is forbidden.
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- WillLv 72 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.