Trucking Industry in Dire State, Signaling Trouble for American Economy

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Trucking Industry,Surplus,Competition

The surplus of trucks and drivers in America's trucking industry has led to intense competition and a recession. This is worrisome for the American economy as it reflects consumer sentiment.

America's trucking industry is in a dire state due to a surplus of trucks and drivers compared to the amount of freight. This has led to intense competition between truckers and trucking companies, resulting in a 'dogfight'.

The industry is considered to be in a recession, which is concerning for the American economy as it serves as an indicator of consumer sentiment heading into the holiday season.

 

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