truck driver uber freight
Courtesy of Uber Freight
  • The US is seeing a "freight recession," meaning fewer trucks delivering goods across the country.
  • The slowdown in deliveries comes as diesel prices have dropped by roughly half since last year.
  • The American Trucking Association's truck tonnage index dropped to the lowest since August 2021.

The freight recession in the US trucking industry has dragged diesel prices down by half since last year, signaling a broader slowdown in the economy.