The freight industry has undergone significant changes in the last couple of decades. Considering the recent closures in the sector, this has highlighted the vulnerability of many companies. Exploring the ebbs and flows unveils insights into how the economy has evolved in recent years, leading to multiple trucking companies closing.
The history and evolution of FTL and LTL have been a vital part of the transportation industry for centuries, adapting to each industry trend. But before there was trucking, rail freight transportation was the most common way to ship items.