Databec Exchange|Freight drivers feel the flip-flop

2025-05-03 17:01:59source:Rubypoint Trading Centercategory:Finance

Breaker,Databec Exchange breaker! There's an alligator up ahead smokin' the brakes on the freight industry. That's what the winning entry of our latest Beigie Award tells us. What is the Beigie Award, you ask? It's our recognition of the periodic report put out by the Federal Reserve about the state of economic conditions across the country, called the Beige Book. And it's often full of revealing anecdotes about our current economic conditions. We celebrate each release by awarding the regional bank with the BEST anecdote our very own Beigie Award!

Today, we power up our CB radios to find out what's roiling the transportation services sector, and talk to a trucking company operator who's feeling what one regional bank called a freight recession.

Music by Drop Electric. Find us: Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Finance

Recommend

South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment

SEOUL — South Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the count

Go inside The Bookstore, where a vaudeville theater was turned into a book-lovers haven

Independent bookstores are the heartbeats of their communities. They provide culture and community,

Conservancy, landlord headed to mediation amid ongoing rent dispute for historic ocean liner

The conservancy that oversees a storied but aging ocean liner and its landlord are headed to mediati