Home > Tools > News > Truck Brokerage Giants Have Been Forced To Lay Off Hundreds As The Coronavirus Slams Trucking — Here'S A List Of The Biggest Job Cuts So Far In 2020

Truck brokerage giants have been forced to lay off hundreds as the coronavirus slams trucking — here's a list of the biggest job cuts so far in 2020

May 13, 2020 at 10:17 AM CST
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Big names like C.H. Robinson would duel with techy upstarts like Uber Freight to see who would be able to control the freight-brokerage market — the sometimes costly, cumbersome process in which truck drivers are matched with retailers and manufacturers to move their goods. That forecast ended up prescient for reasons that no one predicted. The coronavirus pandemic has dropped freight rates to their lowest numbers since 2009, and has pushed down how much revenue these brokers can depend on.