Driver headcount and tenure is the real asset
Drivers are the constraint, not trucks. The U.S. trucking industry has been short 60,000–80,000 drivers for years. A trucking company with 12 trucks and 15 trained, tenured drivers willing to stay is worth meaningfully more than one with 12 trucks and a revolving door of new hires. Ask for driver tenure data: how many drivers have been there 3+ years, what's annual turnover, what's the W-2 versus 1099 mix. Drivers who'll leave when ownership changes are a real cost.
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