Keep pulling the thread on Throngs Neck Bridge.
The Motor Carrier Act of 1980 largely deregulated the US trucking industry, removing controls on routes, cargo, and pricing.
The annual turnover rate at large long-haul trucking carriers in the US is a staggering 90%.
The first commercial deployment of fully driverless trucks began in late 2024 in the Permian Basin, with two trucks hauling sand on private routes.
An autonomous trucking company plans to launch fully driverless routes between Houston and Dallas starting in April 2025.
Walmart's compensation for its private fleet drivers includes activity-based pay for tasks such as stops, live unloads, and trailer hooks, in addition to mileage.
Walmart advertises a starting salary in the six-figure range for its private fleet truck drivers.
In 2022, Walmart installed tracking tablets in its fleet of 9,000 trucks for logistics management.
The Motor Carrier Act of 1935 regulated the US trucking industry by standardizing rates and requiring operating certificates, which limited market entry for new carriers.
Following the Motor Carrier Act of 1980, the number of US trucking companies increased from approximately 20,000 in 1980 to over 500,000 in 2024.
In 2022, there were 3.5 million truck drivers in the US, with 1.7 million classified as owner-operators.
Of the 1.7 million owner-operator truck drivers in the US, 45% lease their services to a motor carrier company.
XPO Logistics utilizes an 'asset-light' business model that relies on independent contractors for short-distance trucking to reduce costs.