Trucking Downturn: Why 85% of New Carriers Didn’t Survive

The freight market has seen a brutal downturn, with an astounding 85% failure rate for new carriers in the past three years. Kirk Mann, EVP & GM of Transportation and Vendor Solutions at Mitsubishi HC Capital America, dives into why this cycle was the longest, the impact of over-financed assets, and what it means for […] The post Trucking Downturn: Why 85% of New Carriers Didn’t Survive appeared first on FreightWaves.