Truck Transportation Industry Analysis

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OVERVIEW

Have you ever wondered how you were able to get fresh produce during hard seasonal hits or how some customer were able to purchase a Christmas tree in Texas? It is likely that the trucking industry played a huge role in making those things happen. The truck industry became a competitive market place with many challenges that are based upon the economy, the weather, and new technologies. As the rise of demand for goods sent to more rural places, and as the demand for the timely delivery of goods raised the demand of the truck transportation industry sky high. Because the truck transportation industry is a competitive market, the economy plays a huge factor on whether or not companies survive. Many companies now have to place fuel cost, truck repairs, and advancements in place, not to include keeping the truck unions and employments satisfied. There are many additional factors that have also placed on the rise and downward trends of this industry. Some of the factors are wars, economic depressions, government regulations, state regulations, and driver regulations. To keep a completive advantage in this industry, there is new technologies to consider such as new technologies in tires, engines using biofuels, and etc.

HISTORY TRUCK TRANSPORATION INDUSTRY

Prior to the rise of the trucking industry was a time of transporting goods and services by railroad. However, the railroad industry was limited in flexibility and reach to outside areas. Slowly, after the inventions of the internal combustion engines lead to the distribution of goods and services via automobile. During the early twentieth century, there were hundreds of trucks manufactures, but only a couple stood out: Mack, Peterbilt, Chevrolet, and International, which adapted to the market to help build a better future for the truck transportation industry. After the invention of the engine and the manufacturing companies emerged many people started to take advantage of the market place. Drivers soon started to produce their own trucking companies which used multiple trucks or a single truck. With the railroad not being able to get to these rural areas the trucking industry emerged as the truck drives traced over cobblestone and dirt roads to longer distances, such as New York to Philadelphia. Soon larger companies began to emerge and have fleets of trucks that can ship goods and services quick between major United States cities. However the first major big boom to the trucking transportation industry in the United States was during the postwar of the 1920s.

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