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How Bad Can It Get? - We are Running on Fumes
Description
The trucking industry is facing a full-blown crisis, and it’s impacting everything from shipping costs to wages. 🚛 In this video, I break down why the trucking industry is falling apart, including new regulations like 49 CFR 31.11, the challenges caused by foreign competition, and the financial struggles of truckers who invested in expensive rigs during the boom years. We’re also seeing ripple effects across the economy, from layoffs in tech to rising costs in retail and even the closure of major businesses. It’s all connected, and I’m unpacking the latest updates for you.
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