Freight tonnage is projected to increase 25.6% by 2030 according to American Trucking Associations’ Freight Transportation Forecast: 2019 to 2030.
Trucking’s revenues accounted for 80.4% of the nation’s freight bills, and 93.1% of fleets operate just six or fewer trucks. Moving 10.5 billion tons of freight annually requires more than 3.6 million heavy-duty Class 8 trucks and over 3.5 million professional truck drivers. Timely news, data and market analysis of transportation brokers, freight brokerage and truck freight companies. “Despite a challenging year, the data contained in American Trucking Trends shows the industry was in good shape entering the global pandemic,” said ATA chief economist Bob Costello. The trucking giant declared bankruptcy on December 8, leaving 2,880 drivers unemployed. Nearly 71% of all freight tonnage in the U.S. moves on the back of trucks. David Hill (left), a driver with Challenger Motor Freight of…
American Trucking Associations’ latest trends report shows the nation’s trucking industry moved almost 12 billion tons of freight in 2019, generating $791.7 billion in revenue.
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Border, People, Trucking Life Canadian among Highway Angels. JOC Trucking Logistics Truckload Freight PPP loans supporting 30 percent of US for-hire trucking jobs William B. Cassidy, Senior Editor | Jul 07, 2020 5:28PM EDT
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Your source for leading transportation news. Trucks moved 67.7% of surface freight between the U.S. and Canada and 83.1% of cross-border trade with Mexico, for a total of $772 billion worth of goods. “Despite a challenging year, the data contained in American Trucking Trends shows the industry was in good shape entering the …
About 1,300 non-driving administrative employees also lost their jobs, all before the holiday season. Find news about ocean freight, air cargo and trucking. Trucking’s revenues accounted for 80.4% of the nation’s freight bills, and 93.1% of fleets operate just six or fewer trucks.
Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 183 million freight matches and a … News … Stay up-to-date from your #1 award winning source for the latest transport, freight and logistics news. For more information on current freight trends, as well as up-to-date news about the trucking industry, visit the trucking news and information page.
There are 7.95 million people employed in trucking-related jobs, up 140,000 from the previous year. August 21, 2019 YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation OVERLAND PARK, Kan., Nov. 13, 2018 (GLOBE NEWSWIRE) — (NASDAQ: YRCW). Spot market freight levels were down for the Independence Day holiday week, but rates were up, according to DAT and Truckstop.com, two major services tracking spot market data. Though cargo theft is a year-round problem for trucking, it is more of a concern around the July Fourth holiday, a report from Travelers and CargoNet shows. America’s trucking industry is the lifeblood of the U.S. economy. Subscribe to your leading source of news for free!
Grow Your Fleet with Freight Factoring Freight factoring is a common financing solution for trucking companies to access cash that is tied up in their receivables. ALEXANDRIA, Va. – A Canadian is among three truck drivers recognized as Highway Angels by the Truckload Carriers Association (TCA). News Trucking Industry Hits Low in April, Expected Improvement in Near Term. In 2019, trucking’s revenues accounted for 80.4% of the nation’s freight bill.
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