Trucking Industry Gains Market Share Amid Economic Challenges
The American Trucking Associations reports a continued growth in trucking's share of the freight market, accounting for 69.1% of tonnage and 81.2% of revenue in 2013. The report highlights challenges and opportunities facing the trucking industry, including regulatory pressures, adverse weather conditions, and capacity constraints. It emphasizes how companies can seize opportunities and achieve growth by optimizing their supply chains, flexibly managing capacity, and investing in technological innovation. These strategies are crucial for navigating the evolving landscape and ensuring continued success in the competitive freight market.
