New motor carrier approvals at nosebleed levels, FTR says

Approximately 51,000 motor carriers have already received common or contract carrier authority through June, making 2021 likely to surpass 2020’s calendar-year record of 59,000, according to transport consultancy FTR, which analyzed data from the Federal Motor Carrier Safety Administration (FMCSA).

The applicants were predominantly one or two-truck entities, though there were some private fleets who applied for authority so they could conduct for-hire carriage, said Avery Vise, FTR’s vice...

https://www.freightwaves.com/news/new-motor-carrier-approvals-at-nosebleed-levels-ftr-says

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