Operators & Officials Say U.S. Trucking Sector Slipped In Late 2018
According to a report by Reuters, across the United States, drivers, regional operators and industry officials say that the 700 billion-dollar US trucking sector slipped in late 2018, with the fall expected to continue this year.
Economists and regional officials suggest that the effects have reportedly been uneven across the nation, with weaker orders and miles in the Midwest and Southeast than on the West Coast.
Reuters reports that while the decline in freight rates and hauling does not suggest that the United States is headed for a recession, the 'softness' is consistent with slippage in the economy as a whole.