Apollo Global Management has a grim warning for the trucking industry: a recession is coming and its bringing mass layoffs.

The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and ...

It also estimates that domestic freight activity will hit a major slowdown by mid-May, with major layoffs to follow in order ...

New data shows companies created 177,000 jobs in April, but the impact of tariffs is expected to hit in May and could send ...

Empty shelves could be coming by next month and a recession will arrive this summer, according to an economist.

"It is quite evident that the impact of the trade war has caused many shippers to pause, or outright cancel, shipments," says ...

Apollo's chief economist, Torsten Slok, said. In a note over the weekend, Slok outlined a timeline for how the tariffs, ...

Apollo Global Management forecasts a severe U.S. recession triggered by recent tariffs, which will lead to widespread layoffs in the trucking and retail sectors amid rising economic uncertainty.

The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and lead to a recession this summer, according to Apollo Global Management.