Growth is often associated with progress, but is sudden and rapid growth for motor carriers always the ticket to success?
Brian Runnels, VP of safety at Reliance Partners, a freight insurance agency, doesn’t think so.
Because of the slim margins carriers face, they must keep trucks constantly moving in order to turn profits. Operating costs, however, reached $2.25 per mile last year, the highest the American Transportation Research Institute ever recorded. So while the desire for growth is...
https://www.freightwaves.com/news/growth-vs-stability-is-it-time-to-rethink-your-approach