Trucking Revenues Top $700 Billion

The U.S. trucking industry continues to dominate the freight space, with trucking revenues topping $700 billion in domestic tonnage, according to American Trucking Associations’ latest annual compendium of trucking industry data.

Noted ATA President and CEO Chris Spear, “…trucking is literally the driving force behind our great economy. Safe, reliable and efficient motor carriers enable businesses throughout the supply chain to maintain lean inventories, thereby saving the economy billions of dollars each year.”

Among the findings in this year’s edition of Trends:

• Trucks moved 10.77 billion tons of freight, 70.2% of all domestic freight tonnage;
• The industry generated $700.1 billion in annual revenue in 2017, 79.3% of the nation’s freight bill;
• The industry moved 69.1% of all trade between the U.S. and Mexico, and 57.7% of Canada-U.S. trade;
• Roughly 7.7 million people were employed in jobs related to trucking activity, including 3.5 million drivers;
• Of those 3.5 million drivers, there were 1.7 million heavy and tractor-trailer drivers. Minorities account for 40.6% of all drivers and 6.2% of truck drivers are women.

Category: General Update, News