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‘Trucking Winter’ Predicted as U.S. Enters Recession

11/14/2022 9:13 AM | Anonymous

A recession is often defined as two consecutive fiscal quarters of negative economic growth. The U.S. just recorded its second month in the red.

Despite a continuing robust job market, particularly for truck drivers, KeyBanc Capital Markets Inc. predicts weakness in the trucking and logistics market because of ongoing economic downturns in the U.S. and worldwide.

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