HydroPhi Technologies Group Inc. (fka HPTG)

[allenc]

Trucking Fastest Growing Small Business Industry in US

http://www.triumphbancorp.com/trucking-growing-with-construction/

As the economy continues its rebounding with steady growth across multiple industries, small businesses throughout the country are feeling the positive effects. No industry is experiencing growth more than the trucking industry though. According to a report done by Sageworks, a financial analysis software company, trucking is now the fastest-growing small-business industry in the U.S.

This comes at a time when many businesses are questioning the efficiency and costs of using trucking for freight. But according to the ATA American Trucking Trends 2015 – ATA’s (American Trucking Associations) annual compendium of data on the trucking industry’s size and performance – the trucking industry generated more than $700 billion in revenue for the first time ever in 2014. And as of May 31, general freight trucking has recorded an almost 25 percent uptick in sales over the last 12-month period.