According to the American Trucking Associations' trucking industry data report "ATA American Trucking Trends 2018" the U.S. trucking industry generated $700.3 billion in economic activity in 2017. That represents a 3.5% increase over the $676.2 billion generated in 2016.
This year's edition:
- Trucks moved 70.2% of all domestic freight tonnage, 10.77 billion tons of freight.
- The trucking industry generated 79.3% of the nation's freight bill in 2017 with $700.1 billion annual revenues.
- The industry moved 58% of all trade between the United States and Canada, and 69% of all trade between the United States and Mexico.
- 7.7 million people were employed in jobs relating to trucking activity, which includes 3.5 million drivers.
- Of the 3.5 million drivers, 1.7 million are heavy haul and tractor-trailer drivers.
- 40.6% of all drivers are minorities and 6.2% of the truck drivers are women.
2018 has experienced trucking capacity constraints, labor shortages, freight rates rising and railroad congestion.
It's time to eliminate bad habits and partners stuck in doing things the same old way. Today's market isn't changing anytime soon; it is time to embrace and drive change with the right partnership and technology solutions.