There’s always room for the little guy
September 20, 2006 by SwizStick
Filed under Quick Links
Long-haul truckload tends to be concentrated with larger carriers, says Stifel Nicolaus, and shorter haul, more localized segments with smaller carriers. The top eight carriers (in terms of revenues) handle 23% of longer haul traffic but only about 8% of local traffic. But those larger carriers also experience some heavy turnover among drivers, causing them to pull out of some of the longest haul lanes and focus more on regional, dedicated and intermodal drayage.
Smaller carriers are stepping in to take up some of the slack in the longer hauls, but they face significant challenges in fuel costs because they are less able to recover those costs through fuel surcharges.
Via Logistics Today.
While the smaller carriers have challenges in the long-haul truckload market it isn’t stopping them from taking advantage of the situation. The same could be said of many industries, where markets, products, or services that the larger players have abandoned or restricted are quickly taken up by the smaller players in the market. I’ve always maintained that there is room for the little guy, in one way or another.
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