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Banking instability could affect trucking

Mar 28, 2023 at 09:47 AM CST

“What that could mean, of course, is that you’ve got less operational revolving credit, or that you can’t hire as many people as you’d like, [or] you can’t renew your fleet,” said J. Bruce Chan, an industry analyst and director of global logistics at Stifel. “Ultimately, this will be a headwind for overall trucking capacity.”