The US trucking industry generated more than $700 billion in 2017, a remarkable number that demonstrates how vital this industry is for the wellness of the American economy. It is estimated that more than 7.4 million people are employed in the trucking and transportation industry. The trucking industry accounts for the majority of freight in the country, passing other methods by air, land and sea. Although industry growth is predicted to rise around 3.4% from 2018 to 2023, those who are in the industry or are just starting out have to face the obstacle of financing their own vehicles and equipment.
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