FREIGHTWAVES out with a good piece of insight… “following a hunch (…)”. John Paul Hampstead writes:
The extraordinary length of the trucking downturn is best explained by a government program that flooded small carriers with tens of billions of dollars of cheap, long-dated credit.
The persistence of the post-COVID trucking capacity overhand has perplexed industry observers for more than a year now. After the pandemic demand boom faded, there were too many …
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