The trucking industry is highly profitable and yet no startup in it why? The trucking industry is highly profitable and yet no startup in it! why?
There are startups around the industry like working on GPS, Fleet management software or logistics startups helping e-commerce companies but none of them are into trucking as in none owns trucks.
All most all logistics companies are aggregators but none provides their own trucks. |
Why I generally oppose small business. There should be large, niche, and challenger/startup type companies. Small businesses that survive but do not grow are generally surviving by just not obeying certain laws.
My Dad used to work for a bakery that was regularly burning workers due to not updating its equipment. Whenever the workplace safety regulator came along, they cried "small business" and were given more time to burn more workers. When they finally had enough of that and cracked down on the food processors and safety, they very quickly consolidated into publicly traded firms.