Why

Trucking accidents 

74% of all fatal passenger vehicle accidents in the US involve a large truck. 

High labor costs 

In the US, labor costs make up over 43% of truck freight cost per mile.

Shortage of drivers 

The truck driver shortage in the US is expected to reach 160,000 by 2028.

Market

$4tn

Projected total revenue by 2025 for major road haulage markets including North America and China, based on CAGR of 5.5% from 2019 to 2025: Grand View Research.

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