Getting livestock to market, cotton to the processing plant, construction equipment to the jobsite… need I go on?
Nothing gets done without the trucking industry’s support. That is why it is important to remember that various trucking industry factors often can have a far reaching effect on more than just the trucking industry itself.
At the same time there are so many factors that are not a part of the trucking world that can equally affect the industry. What’s even crazier is that some of these factors will have an influence in more than one area!
Source: www.TruckerNews.com
Now, keep in mind many of the trucking industry factors are both internal and external. It all gets kind of weird I know. But there is an industry built around studying and working with these trucking industry factors, actually every industry has this.
So much so, that they have their own term; Social, Legal, Economic, Political, Technological, commonly referred to as SLEPT analysis. This is basically a study of the things that have an impact -external environmental influence on a industry (in this case trucking/transportation).
