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Essay / Truck Transportation Industry Analysis - 2654
OVERVIEWHave you ever wondered how you get fresh produce during peak seasons or how some customers were able to purchase a Christmas tree in Texas? It is likely that the trucking industry played an important role in achieving these goals. The truck industry has become a competitive market with many challenges based on economics, weather and new technologies. As the growing demand for goods being sent to more rural locations and the demand for quick delivery of goods have increased the demand for the trucking industry to record highs. Since the trucking industry is a competitive market, economics plays a determining role in whether or not businesses survive. Many companies now have to implement fuel costs, truck repairs and improvements, not to mention keeping trucking unions and jobs happy. Many additional factors have also contributed to the upward and downward trends of this industry. Some of these factors are wars, economic depressions, government regulations, state regulations, and driver regulations. To maintain a complete advantage in this industry, there are new technologies to consider such as new technologies in tires, engines using biofuels, etc. HISTORY TRUCK TRANSPORT INDUSTRYBefore the rise of the trucking industry, there was a time of transporting goods and services by rail. However, the railway industry was limited in terms of flexibility and outward reach. Gradually, the inventions of internal combustion engines led to the distribution of goods and services via automobiles. At the start of the 20th century, there were hundreds of truck manufacturers, but only a few stood out: Mack, Peterbilt, Chevrolet and International, who adapted to the market to help build a better future for the trucking industry. transport by truck. After the invention of the engine and the emergence of manufacturing companies, many people began to take advantage of the market. Drivers soon began creating their own trucking companies that operated multiple trucks or a single truck. With the railroad unable to reach these rural areas, the trucking industry emerged as trucks traveled over paved paths and dirt roads over longer distances, such as from New York to Philadelphia. Soon, larger companies began to emerge with fleets of trucks capable of quickly shipping goods and services between major cities across the United States. However, the first major boom in the trucking industry in the United States occurred during the post-war years. 1920..