America’s truckers on the brink with 221 bankruptcies this year
Source ↗
👁 2
💬 0
By Josie Reich, Cailley LaPara and Dorothy Ma, Bloomberg News
Justin Stoneman has been in the trucking industry for 27 years, operating out of central Michigan’s agricultural heartland. Hauling grain and fertilizer around the Midwest, his 12-odd tractor trailers generated more than $3 million in annual revenue during their best times.
Those days are over. In the past year, Stoneman’s business has been squeezed by a range of pressures, from war-fueled spikes in diesel prices to rising insurance c
Justin Stoneman has been in the trucking industry for 27 years, operating out of central Michigan’s agricultural heartland. Hauling grain and fertilizer around the Midwest, his 12-odd tractor trailers generated more than $3 million in annual revenue during their best times.
Those days are over. In the past year, Stoneman’s business has been squeezed by a range of pressures, from war-fueled spikes in diesel prices to rising insurance c
Comments (0)