“Truck-ocalypse” Hits Main Street As Daimler Fires 1,250 Amid Collapsing Demand
by Tyler Durden
ZeroHedge.com
02/16/2016
If you were looking for signs that US trade may be collapsing on itself, a good place to start would be Class 8 truck orders which, as we first documented in early December, have posted sharp y/y declines of late. Now, slowing demand for heavy vehicles is hitting home in North Carolina, where Daimler has laid off more than 2,000 people in the past two months alone.
The Rest…HERE
