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Trucking plays essential role in economy

June 11, 2013 > Posted in Blog, News & Events

New Report Underscores Trucking’s Role in U.S. Economy

June 11, 2013

A new report issued today by American Trucking Associations, ATA American Trucking Trends 2013, demonstrated that trucking continues to be the dominant mode of freight transportation inthe United States as even more goods were delivered by truck.

“Good data is important to good policymaking,” said ATA President and CEO Bill Graves . “And the data in Trends shows a dynamic, growing industry that is the literal lifeblood of the U.S. economy.”

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

  • Trucks moved 9.4 billion tons of freight in 2012, or 68.5% of all domestic shipments. Both figures are up from the previous year.
  • In 2012, trucking generated $642.1 billion in gross freight-related revenues, or 80.7% of the nation’s freight bills, also increases from 2011.
  • There are 6.9 million people employed in trucking-related industries.
  • The majority of trucking companies are small businesses – with 90.5% operating six or fewer trucks. Only 2.8% of fleets operate more than 20 trucks.
  • Class 6-8 trucks traveled 137.2 billion miles in 2011 – up 4.7% from the previous year.
  • The trucking industry paid $36.5 billion in federal and state highway user fees and taxes in 2011 – a 10.3% increase from 2009.

“As the nation continues to travel the road to recovery following the Great Recession it is becoming increasingly clear that trucking is leading the way,” said ATA Chief Economist Bob Costello . “The data in Trends should provide a road map for policy makers and business leaders as they continue to plot the course of that recovery.”

In 2009, Coats & Clark North America relocated its North American distribution hub to Albany to take advantage of the low costs of business while still having great trucking access to its major markets.

“Our research showed that Albany’s strategic location in proximity to major trucking corridors, coupled with the fact that the center is situated close to one of our major manufacturing sites, made it an excellent fit for our new North American distribution center,” Jeff Thompson, director of human resources for Coats & Clark North America, said at the time.