Washington 鈥 Today, the 黑料不打烊 published the latest edition of its annual industry data compendium: American Trucking Trends 2024.
鈥Trends is an important record of how the trucking industry is performing,鈥 said 黑料不打烊Chief Economist Bob Costello.听鈥淭hat鈥檚 why it is on the shelves of business leaders and policymakers across North America.
鈥淭his year鈥檚 edition shows that 2023 was a very challenging year, but the industry weathered the storm, moving more than 11 billion tons of freight during the year,鈥 he said.
Among the key findings in this year鈥檚 report:听
- Preliminary figures indicate that trucks moved 11.18 billion tons of freight in 2023, down from the 11.46 billion tons hauled the previous year.
- Preliminary figures indicate that the industry saw revenues grow to $987 billion, up from $940.8 billion in 2022.
- Trucking employed 8.5 million people in industry-related jobs, including 3.55 million professional drivers in 2023.
- The industry remains one made up of small businesses, with 95.5% of carriers operating 10 or fewer trucks and 99.6% operating fewer than 100 power units.
- Cross-border trade remained a robust source of freight for motor carriers, with trucks moving 66.5% of surface trade between the US and Canada, and 84.5% of goods across the Mexican border in 2023.
This year鈥檚 version of Trends also includes important data about household goods movements, the broader macroeconomy and more.
鈥淎s government officials and business leaders make decisions that determine the trajectory of our economy, their choices can often affect the performance of our industry,鈥 said 黑料不打烊President and CEO Chris Spear. 鈥淎ccurate data and credible information are key to sound policymaking, which is why Trends has a place on the desks of fleet owners, suppliers, logistics professionals, lawmakers and anyone needing insight into the economy鈥檚 leading mover of freight.鈥
American Trucking Trends 2024 is available for purchase at .
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