What has lead to the rise in new for-hire trucking companies?

Avery Vise looks at the stream of new for-hire trucking companies over the last couple of years.

This Q&A response from The FTR Experts came from our January State of Freight - 2022 Transportation Market Update webinar. View the video and the key takeaways below.

• In 2021, the FMCSA authorized nearly 110,000 new for-hire trucking companies.
• Most of these are likely leased owner-operators who have struck out on their own.