Measuring firm strategic change in the regulated and deregulated motor carrier industry: An 18 year evaluation

This study uses a longitudinal cross-sectional database to investigate individual firm strategic changes in the less-than-truckload (LTL) sector of the U.S. Motor Carrier industry. A new method of assessing year-to-year strategic change is developed. Results indicate that strategic change is influenced by both external and internal variables, including the macroeconomic environment, industry turbulence, deregulation, CEO change, firm age, and firm intertia.strategic change motor carriers firm change