Trucking on the Brink: Bankruptcies, Skyrocketing Costs, and the Fight for Survival
The transportation sector continues to struggle through a difficult adjustment period. For years, carriers enjoyed low claims and steady demand, but 2024 has seen a reversal. Rising bankruptcies, insurance hikes, and the challenges of keeping pace with new technology are weighing heavily on companies across North America. Retail, construction, and automotive remain particularly vulnerable sectors,