There are many reasons why a trucking company can be worth more or less than a standard rule of thumb might imply, and many reasons why a particular interest in a trucking company can be worth more or less than the pro rata value implied by that rule of thumb.
This whitepaper provides useful information as to how trucking companies are valued and what impact that might have on their owners.
The whitepaper breaks down basic concepts that must be defined in every valuation and goes into depth about three commonly accepted approaches to value. Financial and market considerations are discussed as are the differences between public and private companies as well as public and private trucking companies.