According to a recent article in Freight Waves,1 America's $875 billion trucking industry is struggling. Its operating ratio hit a stress-inducing 99.3%, which means its operating expenses pretty much equaled its total revenue. One of the main issues currently plaguing the industry is a significant shortage of freight. As a result, 2022 broke the 2021 record for the costliest year to operate in the trucking industry - whether calculated with, or without, fuel. Closing CommentsOver the past several years, TLSS has weathered quite of bit, but continually manages to defy the odds.

Source: New York Times September 14, 2023 13:21 UTC