Shipping and Logistics

May 12, 2020
Job Losses and Low Demand to Slow Trucking's Recovery
Written by Sandy Williams
The trucking industry lost more than 88,000 jobs in April, according to the U.S. Bureau of Labor Statistics, a 6.2 percent year-over-year decline.
“Job losses in the U.S. trucking industry in April were not as deep as in the broader economy, but they were substantial nonetheless, wiping out four years of trucking employment growth in one month,” said William Cassidy, Senior Editor for Trucking at JOC, IHS Markit.


