Is it time for truckers to go on strike? In this episode, we navigate the turbulent waters of the trucking industry, exploring the factors driving the current recession and the calls for a strike.   We break down the impact of COVID-19, the influx of new drivers flooding the market, and the role of lenders in shaping the current landscape. Pinpointing the challenges of a fragmented industry and the near impossibility of uniting independent truckers for a strike. Offering a reality check, emphasizing that the solution lies in the natural economic cycle where weaker carriers exit the market, ultimately leading to a rebound in freight rates.   Takeaways   <ul> <li dir="ltr" aria-level="1"> The trucking industry is currently facing low freight rates. </li> <li dir="ltr" aria-level="1"> COVID-19 caused a surge in demand for trucking services. </li> <li dir="ltr" aria-level="1"> Many new carriers entered the market during the pandemic. </li> <li dir="ltr" aria-level="1"> The influx of trucks has contributed to the current recession. </li> </ul>   Check us out at  <a href= "https://chiefcarriers.com/">Chief Carriers</a> for career opportunities in trucking. This podcast is produced by <a href= "https://twobrotherscreative.com/video-podcast-services/">Two Brothers Creative</a> 2024.