Why the fragmented trucking industry is struggling
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Why the fragmented trucking industry is struggling

Trucking is a particularly fragmented industry, which makes it vulnerable to repetitive boom-and-bust cycles. While the pandemic caused chaos among many industries, trucking is no exception: The industry is collectively experiencing driver shortages, high turnover rates and order delays, among a slew of other issues. With 40% of the global economy dependent on freight and logistics, the industry's problems resonate across supply chains and through other dependent businesses.
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Wed, Nov 3 202111:38 AM EDT