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Phenomenal trucking boom ends, trucking bust starts

from Wolf Street

In January, orders for Class-8 trucks — the heavy trucks that haul trailers with goods of all kinds across the US — plunged by 58 percent from a year ago, to just 15,642 orders. It was the lowest number or orders since October 2016, toward the end of the "transportation recession" when Class-8 truck orders had plunged to the lowest levels since 2009, and truck and engine manufacturers responded with layoffs. more


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