Slow recovery drives more US trucking firms to dedicated contracts
As the long awaited recovery in the trucking sector remains mired in contraction, large US ...
Thinning margins are taking their toll on the US trucking industry. Some operators are struggling to survive, while their larger competitors are using profits from the past two years to take over smaller players.
This week began with news that Werner Enterprises, the sixth-largest US truckload operator, in terms of 2021 revenue, was taking over Indiana-based Baylor Trucking, which runs 200 trucks and 980 trailers and tabled $81.5m in revenue for its year ending 31 August.
Werner chairman, president and CEO Derek ...
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