Create a free Commercial Carrier Journal account to continue reading

Trucking in 2023: Recession uncertain, driver shortage shows balance

Cannon Mug Headshot
Updated Jan 4, 2023

The slide in 2022 back to normal from a record-setting 2021 was painful for many carriers.

During a recent CCJ webinar sponsored by Bestpass, Jason Miller, associate professor of supply chain management at Michigan State University, and ACT Research President and Senior Analyst Kenny Vieth discussed the market forces, business conditions and supply chain issues that will impact carrier operations in 2023. 

Did you miss our recent webinar: "2023 Outlook for Trucking"?

Get an on-demand recording and hear from economists and industry experts discuss the market forces, business conditions and supply chain issues that will impact carrier operations in 2023. This complimentary CCJ webinar was sponsored by Bestpass.

Get the Recording Here

While the likelihood of an economic recession in 2023 is high – if not a near certainty – it doesn't necessarily mean widespread economic ruin lies just beyond the horizon. And while it may be the top economic concern, Miller said a looming recession is not necessarily inevitable.