FOR HIRE CARRIER POPULATION CONTINUES TO RISE

FOR HIRE CARRIER POPULATION CONTINUES TO RISE
According to U.S. DOT data assembled by our affiliate, QualifiedCarriers.com, the number of active

for-hire carriers continued to climb through 2016, with the exception of a decline between October 2015 and January 2016. By June 2016, historical highs were achieved, and have grown each month since then.  Analysts often tell stories regarding an uptick in trucking bankruptcies, however, the industry’s net growth tells the fuller story. Examining where the growth occurred, it was in fleets of all sizes, but especially in smaller fleets. Major trade journals often cover stories telling of major consolidations primarily focusing on the largest fleets (500+) trucks. The larger fleets have seen stable numbers over the past four years. 

All other categories of carrier sizes have been increasing and continue to do so.  At Tucker, we’re big believers in a robust, rich and expanding trucking market, and believe it fuels U.S. economic growth and keeps freight and products flowing efficiently and cost effectively.