Trucking 'bloodbath': 4,500 truck drivers lost jobs in August

https://www.businessinsider.com/trucking-bloodbath-4500-truck-drivers-lost-jobs-in-august-2019-9

by elorant • 7 years ago

45 22 7 years ago

businessinsider.com

Merrill• 7 years ago

Orders for new Class 8 trucks are down about 80% year over year. https://ftrintel.com/news/latest-orders/index.php

zachsnow• 7 years ago

It seems however that 2018 was a “record year” so maybe it’s just back to “normal”?

ThePadawan• 7 years ago

Apparently they are "[the] lowest since 2010": https://www.truckinginfo.com/337568/july-class-8-orders-lowe...

saargrin• 7 years ago

i dont understand, everybody was saying theres a million trucker jobs unfilled

toomuchtodo• 7 years ago

It’s PR to keep truck driving wages artificially suppressed.

socalnate1• 7 years ago

Then a bunch of unfilled jobs would do the opposite (it would raise wages).

stallmanite• 7 years ago

Woohoo just like the engineer “shortage”

rdtwo• 7 years ago

Tons of unfilled jobs that pay at or below minimum wage...

JauntTrooper• 7 years ago

4,500 / 3,500,000 = 0.1% decline in truck drivers.

The industry probably has outsized exposure to the escalating trade wars and increasing tariffs.

paulddraper• 7 years ago

AFAIK there is a greater percentage of trucking businesses going down than truck drivers. Consolidation. Amazon, etc.

Article even says "It was the first time since March that truckers saw job losses."

randogogogo• 7 years ago

This point wasn't clear to me reading the article. I got the impression that many of those bankruptcies were independent owner/operators but that the reporter was trying to downplay that and rather let us believe these were large operators on the brink of collapse.

jiveturkey2• 7 years ago

4500? That's almost noise level. Certainly it's not anything close to a bloodbath. Truck drivers are the #1 job in the US, @ 3.5mm drivers.

But then again, it's BI so ...

newnewpdro2• 7 years ago

What is 3.5mm supposed to mean? Million? What's the second m?

HEHENE• 7 years ago

It's a matter of preference.

M = mega (in metric) = one million

MM = two of the roman numeral M = one thousand thousand = one million.

Both are correct.

Hydraulix989• 7 years ago

milimeter?

Trucking 'bloodbath': 4,500 truck drivers lost jobs in August

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