Trucking is an especially fragmented industry, which makes it susceptible to continuous boom and bust cycles. While the pandemic wreaked havoc on several industries, trucking is no exception: the industry as a whole is experiencing a shortage of drivers, high turnover rates, and order delays, among a slew of other problems. With 40% of the global economy dependent on freight and logistics, the industry’s issues resonate across supply chains and through other dependent industries.
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Why The Trucking Industry Is So Fragmented And Chaotic
