TCP Partner Richard Mikes was recently interviewed regarding Daimler Chrysler’s plan to cut 1,200 jobs at Charlotte-area Freightliner plants due to “softening economic conditions”.
“The trucking industry faces serious headwinds in 2013. Trucking doesn’t move unless the economy moves,” said Richard Mikes, TCP Partner. “Obviously, the drop in GDP in the fourth quarter is not good.” A shortage of qualified drivers and new government regulations are additional hurdles in the industry.
Daimler stated that they believe the economy will improve in 2013 and hope for the lay-offs to be temporary.
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