Jul 19, 2023 American Trucking Trends is the singularly important guide to economic trends and other topics in the trucking and transportation industry. Trends is an invaluable resource for anyone seeking an unparalleled look under the hood of the economy’s leading mover of freight. Trucking industry decision-makers rely on Trends to provide data on current market conditions, such as: trucking revenues, truck freight tonnage, employment trends, safety issues, diesel fuel price trends, domestic and international trade, taxes paid by the industry, and the environment.
- The trucking industry generated $940.8 billion in gross freight revenues in 2022, moving 11.46 billion tons of freight
- In 2022, trucking’s revenues accounted for 80.7% of the nation’s freight bill
- In 2021, the moving and & storage industry contributed over $32 billion in direct output to the American economy
- Trucks moved 61.9% of the value of surface trade between the U.S. and Canada and 83.5% of cross-border trade with Mexico, for a total of $948 billion worth of goods
- There were 8.4 million people employed in trucking-related jobs in 2022, up 405,000 from the previous year, which includes 3.54 million professional truck drivers
- Women make up 8.1% of the industry’s drivers – an all-time high and the seventh straight annual increase
Most carriers are small companies – 95.8% of fleets operate 10 or fewer trucks and 99.7% operate 100 or fewer
