What is the status of competition within the motor carrier industry?
A) Only carriers of the same type compete against each other such LTL versus LTL or TL versus TL carriers.
B) For hire carriers only compete against private carriers
C) The industry is highly competitive with competition between all carriers as well as with firms such as United Parcel Service and FedEx
D) Truckload carriers only compete with contract carriers

Question

Quizplus · Accepted Answer

The motor carrier industry is highly competitive, with competition existing not only among various types of carriers (e.g., LTL, TL) but also with large logistics and parcel delivery companies like UPS and FedEx. This competition spans across different service offerings, customer segments, and geographic regions, making it a dynamic and competitive industry.

What Is the Status of Competition Within the Motor Carrier