That slammed drivers' wages, as trucking companies were forced to begin slashing payrolls to keep up with new industry entrants.
That ease of entry meant everything to people like Franklin Morales, who runs an 85-truck fleet in Newark, New Jersey. That's why the now bankrupt mega-retailer Sears stationed its distribution centers near America's railways during its peak in the mid-20th century, Viscelli told Business Insider. The Sears catalog, which first arrived in American mailboxes, contained hundreds of pages of products that took weeks to get to a customer's doorstep. Rail was slow, but moving a wide variety of goods by truck was too complicated to be workable.
Spurred by this new opportunity in supply-chain design, Walmart grew far beyond its original business model, offering rural Americans low-cost goods. ItLocal truck drivers have largely been replaced by drivers traversing the US with 53-foot trailers full of goods for manufacturers or distribution centers.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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