Freight Broker & Trucking Business Startup: Step-by-Step Guide to Start, Grow and Run Your Own Freight Brokerage & Trucking Company in as Little as 30
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Book Overview
Take a minute of your time, and look around you.
Notice the furniture, gadgets, books, and all the other stuff you have lying around your home or office.
Chances are, the majority of those items came to you by truck.
E-commerce has changed the way we buy and sell things, especially in the light of current global events.
This, in turn, has created a huge, global demand for transport carriers, especially motor carriers.
The trucking industry has been flourishing and growing for some time now, and it will continue to do so, according to a market research report from Technavio.
They predict that the global market size will reach an impressive $41.47 billion by 2024.
This extremely favorable forecast provides a fantastic opportunity for those who wish to become a part of this lucrative industry.
Large trucking companies own a significant portion of that cake, but a huge amount of transport in the US is handled by freight brokers.
In fact, the demand for these cargo intermediaries has risen exponentially throughout 2020, and market analysis shows that this is the perfect time to break into a freight industry.
But there is a catch.
Many have already recognized this amazing opportunity, and the number of independent freight brokers is increasing.
Luckily, the market is so huge that there's enough room for more, but competition is a factor that needs to be considered.
This is why those who are considering to venture into the freight broker industry need to tread carefully, and take certain steps to ensure not only a great start to their business, but the potential to grow and expand.
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