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What is the state of for-hire trucking companies?

Posted by Avery Vise on Jan 7, 2022 10:18:15 AM

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.

 
Key Takeaways:
  • 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.

 

Tags: trucking, jobs, outlook, transportation, for-hire trucking

 

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