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To read the full FreightWaves article, click here.
https://www.freightwaves.com/news/daily-infographic-trucking-bankruptcies
The story of Lyons Transportation began when John Cochran, who was just 19 years old, purchased his first truck in Erie, Pennsylvania in 1929. The truck cost $40, and Cochran only had $10. He made the remaining payments in installments. The truck, which barely ran, was almost immediately used as the down payment for another truck, a Ford demonstrator truck. He used this truck to haul his first commodities, including beer, gravel, bricks, sand and rocks. At first, the company operated under the...