
Freight for Thought: Trucking, warehousing and courier employment declining
Trucking, warehousing, and courier employment are declining; however, they are not plunging as rapidly as they did in 2020, and still exceed year-ago levels. CH Robinson confirms more layoffs likely in 2023. FedEx Freight, the largest US trucking company by revenue, is shrinking its physical footprint to match lower demand for less-than-truckload (LTL) freight.