Trucker's Blog — Trucking industry
The Financial Impact of AI and Automation in Trucking: A Path to Universal Basic Income?
Posted by Truckers Pathway Editors on
Automation is set to transform trucking profits, saving companies billions in labor and fuel costs. But as jobs vanish, could Universal Basic Income (UBI) be the answer to support displaced workers? With AI driving efficiency and EVs lowering expenses, the industry’s financial gains may reshape more than just logistics—it could redefine the economy. Are we ready for this shift?
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- Tags: Affordable policies, AI Trucking, Carrier victimization, Customized solutions, driverless trucks, Truck driving jobs, Trucking, Trucking industry, Universal Basic Income
The Rising Tide of Bankruptcies in the Trucking Industry (Part 2)
Posted by Truckers Pathway Editors on
Common Themes in Trucking Company Closures In the first part of our blog series, we explored a series of trucking company bankruptcies and shutdowns that rocked the industry in recent months. In this continuation, we'll unravel the common threads that connect these closures, providing insights into the challenges faced by companies across different sizes and specialties. September 29: Titan Transportation Services Inc. - A Swift and Unexpected Closure Grand Rapids-based Titan Transportation Services Inc., with $65 million in revenue at one point, abruptly ceased operations, leaving 125 employees without jobs. The closure underscores the sudden and unexpected nature of many...