Avery Vise discusses the single-truck operations that make up the majority of new for-hire trucking companies.
This Q&A response from The FTR Experts came from our December State of Freight - 2021 Lessons & Market Risks webinar. View the video and the key takeaways below.
- The majority of new entrants are single-truck operations, the majority of which are former leased owner operators or company drivers who have struck out on their own.
- The surge began in July 2020 but shifted into high gear in March 2021.