News <> Call 800-726-8376 Se Habla Español Contact Us National Independent Truckers Insurance Company, RRG. 610-618 W. St. Georges Ave. Linden, NJ 07036 Phone: (888) 237-7922 or 908-587-2500 info@truckinsurancenitic.com Inflated used truck prices adding to the woes of mom-and-pop firms Runaway inflation has hit most Americans right in the pocketbook – but small, independent trucking firms are taking the brunt of the blow. The price of a used commercial truck has doubled in the last year, affecting the bottom line of hundreds of thousands of small trucking firms. According to the Federal Motor Carrier Administration (FMCSA), there are about 275,000 trucking companies in the U.S., with a whopping 86 percent of them falling into the small firm category – with six or fewer trucks. There are only 120 companies with fleets larger than 1,000 trucks. Since the pandemic, mom-and-pop fleets have been booming, with at least 10,000 new companies hitting the road since early 2021, acco
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