Being a owner/operator is one the most stressful jobs a person can take on. There are multiple pressures being applied from many different directions. Driver's have to deal with brokers, dispatchers, shippers, carriers, DOT, weather and traffic just to name a few.
The trucking industry in one of the most competitive industries in the market today. There are over 4.5 million trucks on the road and over 85% of carriers in the industry belongs to owner/operations (1-6 truck fleets). With this many carriers looking for loads to haul, spot rates can get low and profit margins thin.
The most effective way to optimize the life of vehicles, equipment, and driver retention is through great fleet management.
Trucking is a long way from dying, despite what you might hear or read.