Trucking is a business of pennies. Even the most successful carriers operate on razor-sharp margins, with the majority of carriers being “on the bubble” with an operating ratio that can easily shift from slightly positive to negative.
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Are economic conditions improving? Multiple indicators, from a recovering housing market to tax code changes that offer advantages to entrepreneurs, suggest this is the case, potentially leading to increased spending and, ultimately, a need for more freight movement.
Topics: Business Intelligence, Big Data
