https://www.cbsnews.com/news/celadon...rters-of-2019/
In the first three quarters of 2019, nearly 800 carriers went out of business, more than double the count of trucking failures in 2018, according to transportation industry data firm Broughton Capital.
A number of factors are behind the pileup, including escalating insurance costs, tariffs impacting the ability to get cheaper products from China, and a decline in the spot market where shippers book last-minute transportation.