As a backbone of our economy, playing a very crucial role in the movement of our economy, the trucking industry still has not come out of the persistent problems it has been facing over the last few decades such as high cost of operation, low efficiency in operation, government issues, regulatory and legislative mechanism, information issues and many more. However, adopting these latest available technologies and their effective use can solve many of these problems significantly. One such is the adaptation of digitalization properly for Digital Governance which further results in Good Governance and another is the adoption of blockchain technology for data and information management to enhance operation efficiency of the trucking industry. Today in most cases especially for small truck operations, the operation is not viable due to poor technology adoption. Hence with this paper, an attempt is being made to initiate these improvements. The methodology adopted for the study is also relevant to the requirement of the work undertaken in the form of a structured approach. It consists of a relevant literature review, primary and secondary sources of information with available data, and a model framework about digitalization, digital governance, and possible application of blocking technology to bring improvement in operations of the trucking segment in our economy. The study found that the adoption of the latest technology in trucking operations in the form of digitization and blockchain reduces the problem of asymmetric information and brings good governance to enhance operation efficiency. So, the study concludes by stating that if the government supports the trucking industry, provides consultation, and coordinates with other stakeholders of the industry regarding technology adaptation and other aspects, the trucking industry can yield better results and solve many of its problems independently.