More freight carriers are exiting the market as soaring diesel prices drag on truckers

Tech Insider : Economy
Trucking and freight downturn to continue in 2024, Motive said
The freight recession will continue into 2024, a new report from Motive said.

DanielIngelhart/Getty

The freight recession is getting worse as the economy detoxes from the pandemic trucking boom

Tech Insider : Economy
The freight recession is here as trucking sees a slowdown in the economy.
The freight recession is here as trucking sees a slowdown across the economy.

Joe Raedle / Getty Images

Trucking giant Yellow declares bankruptcy after nearly 100 years in business

Tech Insider
A Yellow Corp. truck is seen near its terminal in Miami, Florida

Joe Raedle / Staff

Taylor Swift shelled out $100,000 bonuses to truckers on her Eras tour, reports say

Tech Insider
Taylor Swift wearing a sparkly crop top and smiling while playing a blue acoustic guitar and singing into a microphone onstage in front of a crowd.
Taylor Swift is handing out $100,000 bonuses to truckers on her tour, according to a report from TMZ.

Fernando Leon/TAS23/Getty Images for TAS Rights Management

The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates

Tech Insider : Economy
Cargo ship

Associated Press

A trucking giant that's been on America's roads for almost a century is on the brink of collapse with 30,000 jobs at risk, report says

Tech Insider
Yellow Corp. box trailers sit at a terminal
Yellow Corporation was founded in 1924, and serviced giants like Walmart and Home Depot before it began losing customers.

Joe Raedle/Getty Images

It will be 'really tough' for trucking companies to stay in business if things don't pick up by Memorial Day, says an American trucking association

Tech Insider
Cars and trucks move along the Cross Bronx Expressway, a notorious stretch of highway in New York City that is often choked with traffic and contributes to pollution and poor air quality on November 16, 2021 in New York City.
It will be 'really tough' for trucking companies to stay in business if things don't pick up by Memorial Day, says an American trucking association.

Spencer Platt/Getty Images

The US economy is slowing down. Just look at the freight recession that's sent diesel prices tumbling.

Tech Insider
truck driver uber freight
Courtesy of Uber Freight

Truck drivers move 70% of America's goods by weight.

A US recession looks more and more unavoidable as key parts of the economy slow to a crawl

Tech Insider

Howdy, readers. Phil Rosen here, reporting from New York City. 

For many months now, I've been having conversations and writing about economic indicators that all point to a recession. 

But it still hasn't officially happened yet, at least according to the secretive, little-known group that's responsible for declaring them. They've stayed mum even as the economy goes haywire.

Thieves stole at least 1 million dimes — that's $100K — from a cargo truck parked overnight at a Philadelphia Walmart, police say

Tech Insider
Coins of USA. Franklin D. Roosevelt depicted on the US dime coin.
Thieves got away with a million dimes in Philadelphia.

wrangel / Getty Images

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