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Trucking companies face imminent freight recession

Logistics companies are paying more for labor and equipment while demand for their services decreases. Subscribe to 5NEWS for exclusive content: Follow 5NEWS: Facebook: Twitter: Instagram: Website: 5NEWS (Channel 5) is a CBS-affiliated television station covering the Arkansas River Valley and Northwest Arkansas. The station was first established in 1953 in Fort Smith, Ark.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Freight Recession Looms for Trucking Firms The trucking industry has long been considered a barometer of economic health, but recent signs indicate that a freight recession could be on the horizon, spelling trouble for trucking firms across the country. As the backbone of the economy, truckers play a critical role in transporting goods and providing a vital link between manufacturers, suppliers, and consumers. An