2020 looks set to be a tough year for the American trucking industry

Dec 05, 2019 at 09:12 AM CST
It’s been a tough year for the trucking business. And the outlook for next year isn’t looking any rosier. Despite a growing economy, many truckers continued to struggle with lower than desired shipping rates and shipment levels. Tariffs took their toll, manufacturing continued to contract and the closely watched Cass Freight Index – which measures North American freight volumes and expenditures – logged yet another decline, its eleventh in a row, this October. Not only that but trucking companies in California are now fighting a new law that will require them to reclassify how they treat their independent drivers.

Dec 05, 2019 at 09:12 AM CST

It’s been a tough year for the trucking business. And the outlook for next year isn’t looking any rosier. Despite a growing economy, many truckers continued to struggle with lower than desired shipping rates and shipment levels. Tariffs took their toll, manufacturing continued to contract and the closely watched Cass Freight Index – which measures North American freight volumes and expenditures – logged yet another decline, its eleventh in a row, this October. Not only that but trucking companies in California are now fighting a new law that will require them to reclassify how they treat their independent drivers.