See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

What trucking tells us about the economy

Posted on AllSides July 22nd, 2022
From The Left
Illustration: Sarah Grillo/Axios

Sky-high freight rates are falling, pinching truckers' income. And that tells an important story about what's going on in the economy overall.

Why it matters: Nearly every good consumed in the U.S. is put on a truck at some point. Right now, there are hints of a slowdown in demand.

Meanwhile, supply has been stabilizing as a flood of new truckers entered the industry to cash in on the ultra-lucrative boom that sent paychecks soaring.

Read full story

AllSides Picks

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right