American Trucking Associations says industry is in big trouble
Truckers typically bristle at the American Trucking Associations, an industry group that represents trucking companies rather than America's 1.8 million truck drivers themselves.
They've differed on just about every topic in the trucking world: whether teenagers should become truck drivers, whether there's really a trucker shortage, and how truckers should be compensated for rest breaks (if at all).
But it seems the ATA and truck drivers have reached some sort of agreement on the state of their industry in 2019: It's suffering.
"There is no way these folks are making money now," ATA chief economist Bob Costello said at an industry conference, as reported by the Commercial Carrier Journal. "We do not have to go into a recession for this to be a bloodbath."
Costello said because of the decline in rates in the spot market, the next 18 months in trucking specifically would be challenging for truckers. The ATA did not respond to a Business Insider request for further comment.
This year alone, nearly 3,000 truck drivers have lost their jobs as trucking companies large and small declare bankruptcy. Major carriers like J.B. Hunt, Knight-Swift, and Schneider have cut their annual outlooks. The rate sentiment among industry leaders dipped to recession-level lows in July, according to a Morgan Stanley survey.
https://www.msn.com/en-us/money/markets/american-trucking-associations-says-industry-is-in-big-trouble/ar-AAGw4z9?li=BBnbfcN
= new reply since forum marked as read
It's trucks or nothing, as far as I can see. Unless maybe Boeing could turn its 737 MAX planes into cargo haulers and limit the trucks to 50 miles or less. 
According to whom?
