A fresh wave of bankruptcies and layoffs blighted the transportation and logistics sector over recent weeks, “with trucking companies, truck dealers, repair businesses and logistics providers filing for Chapter 7 and Chapter 11 protection while hundreds of workers faced job cuts nationwide.”
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Many veteran roadsters are saying that AI and similar technology are making truck driving jobs safer, with this technology being about to help in a multitude of ways, including telling drivers if there’s an oncoming threat of a deer in the road, or help a supervisor know whether one of their drivers is dozing off or daydreaming, including telling the driver himself to pay attention to the road.
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Even though freight rates are steadily rising, the industry continues to lose trucking jobs due to multitudinous factors that have created both positive and negative conditions at the same time. According to the most recent federal data, “more than 1,000 trucking jobs were eliminated in June. Since February 2023, employment in trucking has gone down in all but five months.” Read more…
