What percentage of trucking companies operate 6 or fewer trucks?

The percentage of trucking companies that operate 6 or fewer trucks is notably high, at 97.3%. This statistic reflects the structure of the trucking industry, where a significant portion of businesses are small operators. Many trucking companies start as small enterprises, allowing for the flexibility and personal touch that comes with managing a smaller fleet.

Larger fleets are more capital-intensive and require more administrative resources, which can be a barrier for new entrants. As a result, the landscape is dominated by small operations, aligning with the 97.3% figure. This high percentage indicates that a vast majority of trucking companies maintain six or fewer trucks, allowing them to be nimble and responsive to market demands.

Understanding this aspect of the industry can shed light on how trucking companies operate and the challenges they face compared to larger fleets. This knowledge is essential for anyone studying the trucking industry, whether for academic purposes or practical applications.