Upwards of 700 trucking companies went under in 2019. That is a staggering 24,000 trucks leaving the road and 24,000 drivers losing their jobs. While this trend has been largely attributed to unfavorable conditions for new companies in the freight industry, the failure of established firms has pointed to other causes. We shall discuss below four reasons trucking companies fail and how to protect your firm.
1. Failure to plan
Business plans help entrepreneurs brace for any possible contingencies....
https://container-news.com/the-top-reasons-why-several-trucking-companies-fail/