There's a reason people say, "If you bought it, a truck brought it." Every piece of lumber on a job site, every load of gravel in a driveway, every ton of debris cleared from a construction zone — it all moves because someone with a truck showed up and did the work. That's the backbone of businesses like F&S Expedited LLC out of Shelby, NC.
But that backbone is under serious strain right now.
The trucking industry is navigating one of the most difficult stretches in recent memory — a perfect storm of rising fuel costs, relentless operating expenses, trade policy turbulence, and a freight market that's been grinding through a prolonged downturn since 2022. And yet, hauling companies like F&S Expedited keep showing up. Every day. Because the job still has to get done.
Here's an honest look at what's happening in trucking right now — and why the companies still standing deserve your business more than ever.
A Freight Recession Nobody Saw Coming (Or Ending)
Most people outside the industry don't realize it, but trucking has been living through what analysts are calling the "Great Freight Recession" — now stretching into its third and fourth year. It didn't start with a dramatic crash. It crept in quietly: too many trucks chasing too little freight, rates that barely covered costs, and a market that just never bounced back the way it was supposed to after the pandemic.
The Numbers Tell a Sobering Story
- • The American Trucking Associations reported that trucks moved 11.27 billion tons of freight in 2024 — down from 11.41 billion the year before
- • Industry revenues fell from $1 trillion in 2023 to $906 billion in 2024
- • Thousands of small carriers have exited the market entirely, unable to stay afloat
- • FMCSA data showed carrier authority revocations surging to over 6,400 in a single month in late 2025
This isn't a blip. This is a grind. And the companies that made it through this stretch have earned every bit of your trust and loyalty.
Fuel: The Number That Never Cooperates
If you've filled up your car lately, you know fuel prices have been volatile. Now imagine your livelihood depending on diesel — and watching costs swing by six to eight cents per mile seemingly overnight.
Current Diesel Prices
$4.60/gallon
Nationally, with crude oil trading between $100–$111 per barrel
Operating Cost Impact
20–30%
Fuel represents this percentage of total operating costs per mile
According to research from the American Transportation Research Institute (ATRI), the fully-loaded cost of operating a truck runs approximately $2.27 per mile. Fuel alone represents 20–30% of total operating costs. When prices spike, carriers pay at the pump today — in cash — while freight revenue may not arrive for 30 to 45 days. That cash flow gap is brutal, and it catches a lot of businesses off guard.
For small hauling operations, there's no hedge fund or corporate treasury to absorb the shock. It comes straight out of the owner's pocket.
Insurance, Maintenance, and the Cost of Just Existing
Fuel gets the headlines, but there's a whole list of other costs quietly hammering trucking companies:
Insurance Premiums
Insurance premiums have skyrocketed, driven in part by a wave of high-dollar court verdicts against carriers. What used to be a manageable line item has become one of the most unpredictable and painful expenses in the industry.
Equipment Maintenance
During the downturn, many operators deferred repairs just to stay cash-flow positive. Now those deferred costs are coming due, and an aging fleet means more breakdowns, more downtime, and more unexpected bills.
New Equipment Costs
New trucks have gotten more expensive, too. Tariffs on heavy-vehicle imports have added significant costs to new equipment, with some estimates putting the increase at over $10,000 per truck. For small operators, fleet replacement is nearly impossible.
The ATA's chief economist has described current conditions as "stagflation" for trucking — rising operating costs at a time when rates and freight volumes remain flat. It's a brutal combination.
Trade Policy and Tariffs: A Headwind From Washington
The national conversation about tariffs often focuses on consumer goods — electronics, clothing, groceries. But tariffs are hitting the trucking world from multiple directions.
New duties on imports from China, Mexico, and Canada have raised prices on intermediate goods — the components and raw materials that manufacturers use to build finished products. When manufacturing slows or gets more expensive, freight volumes follow. Less stuff moving means fewer loads for carriers to haul, and the ripple effects hit companies like F&S Expedited even when they're doing everything right.
At the same time, tariffs on imported truck parts and equipment make it harder for carriers to maintain and replace their fleets. It's a squeeze from every angle.
Driver Shortages and Regulatory Pressure
On top of all of this, finding and keeping qualified drivers has never been tougher. New regulatory requirements — including stricter CDL rules, English proficiency mandates, and tighter drug and alcohol clearinghouse enforcement — have reduced the pool of available drivers. Pay has had to rise to stay competitive, which adds to operating costs even as revenues stay flat.
For a small, family-run operation, the owner is often the driver. Every regulatory change, every compliance requirement, every new mandate falls on the shoulders of one or two people who are already stretched thin just keeping the truck rolling and the business alive.
Why Companies Like F&S Expedited LLC Are Genuinely Valuable Right Now
Here's what all of this means for you as a customer or a potential customer:
The companies that made it through this stretch are the real deal.
Thousands of trucking businesses have closed. The ones still operating — still answering the phone, still dispatching same-day, still showing up on time with the right equipment — did it through discipline, hard work, and genuine dedication to their customers. They didn't survive by cutting corners or abandoning their commitments. They survived by being good at what they do.
F&S Expedited LLC: Still Here, Still Committed
F&S Expedited LLC, serving Shelby, NC and the surrounding 100-mile radius, is one of those companies. Fully licensed and insured, operating a modern fleet, and offering everything from gravel and material delivery to emergency expedited hauling and debris removal — they've built their reputation the hard way. In an industry where so many have folded, they're still here.
When you hire a hauling company today, you're not just paying for a truck and a driver. You're supporting a business that absorbed every fuel spike, every insurance increase, every regulatory headache — and kept their commitment to their customers anyway. That matters.
What You Can Do
If you have a project that needs hauling — gravel delivery, land clearing, debris removal, construction materials, emergency services — choose a local, licensed carrier who has a track record and is invested in this community.
The road has been hard. These guys kept driving it anyway. Give them your business — they've earned it.
This article was written and published by Studios by Dave as part of an ongoing series spotlighting local businesses. To learn more about Studios by Dave's web design and digital marketing services, visit www.studiosbydave.com.