The Economy is MELTING DOWN and Here’s What You Need To Know
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Layoffs and bankruptcies are surging in the logistics industry, signaling a shocking downturn in the freight market. This video delves into the severe recession impacting the freight transportation sector, with overcapacity and plummeting freight-hauling rates since March 2022. FreightWaves SONAR had predicted this downturn, which has now extended beyond U.S. trucking fleets to global ocean carriers, railroads, air cargo carriers, and freight forwarders. We explore the domino effect of these market conditions, leading to numerous bankruptcies, shutdowns, and layoffs across the industry, including major players like Yellow Corp. and Convoy. The video presents a compilation of FreightWaves’ coverage over the past year, highlighting the dramatic decline in the freight economy and its widespread impact. From the liquidation of Twin Express and the shutdown of SEL Supply Chain Solutions to the closure of legacy companies like Certified Freight Logistics, this video provides a comprehensive overview of the current state of freight, reflecting the financial and human toll of this downturn. #Bankruptcies #Layoffs #Transportation #GlobalEconomy #TruckingIndustry #Recession
Timestamps:
The Wild Ride of 2020 and Aftermath 0:00
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Sources Used in This Video:
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Видео The Economy is MELTING DOWN and Here’s What You Need To Know канала The Money GPS
https://bit.ly/tradingview70off
Layoffs and bankruptcies are surging in the logistics industry, signaling a shocking downturn in the freight market. This video delves into the severe recession impacting the freight transportation sector, with overcapacity and plummeting freight-hauling rates since March 2022. FreightWaves SONAR had predicted this downturn, which has now extended beyond U.S. trucking fleets to global ocean carriers, railroads, air cargo carriers, and freight forwarders. We explore the domino effect of these market conditions, leading to numerous bankruptcies, shutdowns, and layoffs across the industry, including major players like Yellow Corp. and Convoy. The video presents a compilation of FreightWaves’ coverage over the past year, highlighting the dramatic decline in the freight economy and its widespread impact. From the liquidation of Twin Express and the shutdown of SEL Supply Chain Solutions to the closure of legacy companies like Certified Freight Logistics, this video provides a comprehensive overview of the current state of freight, reflecting the financial and human toll of this downturn. #Bankruptcies #Layoffs #Transportation #GlobalEconomy #TruckingIndustry #Recession
Timestamps:
The Wild Ride of 2020 and Aftermath 0:00
—————————————————————————————————
🔥 ALL MY TIPS AND STRATEGIES ON THE DISCORD COMMUNITY: 🔥
https://discord.gg/QNgHFgxkq9
💵 HOW TO MAKE MONEY ON AMAZON: 💵
https://themoneygps.com/theamazongps
👨 JOIN THE $GPS MENTORSHIP 💵
https://themoneygps.com/mentorshipinfo
—————————————————————————————————
LOOK THROUGH MY BOOKS! http://books.themoneygps.com
MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU
SUPPORT MY WORK: https://themoneygps.com/support
—————————————————————————————————
Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2023
Видео The Economy is MELTING DOWN and Here’s What You Need To Know канала The Money GPS
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