HVUT Form 2290 Filing Solution for Truckers from North Carolina (NC)

North Carolina Trucking Industry

North Carolina’s truck transportation industry has grown from a small operation in the 1920s to a vast system transporting a substantial portion of the state’s freight and other materials-often at the expense of the railroads and air freight carriers. The trucking industry in the early twenty-first century represented about 80 percent of the state’s commercial freight transportation market. Private carriers, comprising by far the largest component of the industry, were owned or leased and operated by industrial concerns, farmers, and others. So-called exempt carriers (those exempt from certain government regulations) transported only special kinds of goods or used their trucks only for specific purposes, such as hauling certain agricultural products or carrying newspapers.

The trucking industry is particularly sensitive to economic climates and changes in government regulations, particularly at the federal level.