Loretta Chao | Wall Street Journal
A recovering U.S. economy is driving record demand for trucking. But many smaller operators, who make up the vast majority of the roughly 470,000 for-hire fleets on the road today, say they’re missing out on the boom.
The amount of freight hauled along the nation’s highways hit an all-time high earlier this year, fueled by improved retail sales and factory output. Trucking industry revenue has grown an average of 6.5% a year since 2009, topping $700 billion last year for the first time, according to the American Trucking Associations.