The number of new trucking companies in 2020 was unprecedented. Graph: FTR As freight volumes have risen over time, the U.S. also has seen a steady increase in the number of new for-hire trucking companies authorized each year. Over the past 20 years, the upward trend...
FTR’s Trucking Conditions Index for March showed its first negative reading in several years, reflecting a softening environment for carriers. The March TCI reading fell to -1.18 driven by easing freight rates and sluggish, though still positive, demand. Active truck...
