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Family business: Passing the torch cuts both ways

Published Saturday, August 01, 1998

>From the common-carrier pioneers who forged the industry in the 1920s to the owners of freshly minted truckload and LTL fleets who have helped reshape it since the '80s, very often trucking is a family affair. Even as deregulation thinned the ranks of traditional regulated carriers, it gave rise to a new generation of trucking entrepreneurs. Just as the carriers that dominated trucking for six decades under the old rules had been, many of today's most successful fleets were started by one person with one to a handful of trucks. And just like their historical forebears, many of ...

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