Subscribe to our free, weekly email newsletter!

ATA’s American Trucking Trends reports an increase in trucking’s percentage of all domestic freight

By Jeff Berman, Group News Editor
May 12, 2014

Despite what it is happening in the economy, one thing has remained constant over the years: the steady hold, and gains, in freight transportation market share held by the trucking sector.

That was made clear in this year’s edition of American Trucking Trends from the American Trucking Associations (ATA).

“This report shows once again what a critical role trucking plays in the U.S. economy,” said ATA president and CEO Bill Graves in a statement. “Trucking continues to move the most, and most valuable, freight in the United States despite the challenges of congestion, regulations and crumbling infrastructure.”

This year’s edition of American Trucking Trends highlighted various facets of trucking’s imprint on the transportation landscape, including:
-in 2013, trucks moved 69.1 percent of all domestic freight tonnage, up from 68.5 percent the previous year;
-the industry also collected 81.2 percent of all freight revenue, up from 80.7 percent in 2012;
-trucks move the majority of all NAFTA trade, hauling 55.4 percent of all trade with Canada and 65.4 percent of all trade with Mexico;
-trucking employed more than 7 million people in 2013; and
-the industry paid $37.8 billion in state and federal highway user fees, among others

As the ATA’s Chief Economist Bob Costello pointed out in the report, American Trucking Trends serves as a “snapshot” of what the trucking industry and, by extension, the freight economy, look like, as well as provide key insight about the industry for what is really happening, which is crucial for key trucking industry stakeholder like industry leaders, suppliers, and policymakers.

Even with the growth in market share, the trucking sector faces various challenges, including regulatory drag due to new motor carrier Hours-of-Service (HOS) regulations, which took effect in July 2013, as well as CSA. And the sector, like all modes, was adversely affected by the effects of the harsh winter weather at the end of 2013 and into 2014.

Conversely, though the harsh winter came with some benefits for carriers, too, in terms of rate growth due to tighter than usual season capacity early in the year and a push of freight from intermodal to over-the-road, due to clogged rail networks, which has since subsided. 

Trucking executives have commented to LM that while approaching the mid-way point of the year, the sector appears to be on steady ground overall, with decent, steady momentum in the manufacturing and retail sectors, which bodes well for the freight economy should the momentum continue into the second half of the year.

But even with some positive indicators afloat within the industry, the tight capacity environment remains intact and is likely to continue to strain shippers’ supply chains.

“Barring an unforeseen catastrophic economic event, capacity is going to remain tight throughout 2014 and beyond, said Mike Regan, chief relationship officer at TranzAct Technologies and LM blogger, at last month’s NASSTRAC conference in Orlando, Fla. “It is going to cost more to operate trucks in the future. And if it is going to cost more, trucking companies need to rebuild their fleets. There are billions of dollars in costs [among carriers] taking the age of the fleet down to the norm, but the way to rebuild a balance sheet is through profitability.”

This situation, he said, leads to the question of how do carriers increase profitability in an environment with higher costs? With tight capacity, he said shippers will pay higher rates in order to get their trucks into the spot market, with tremendous spot market volatility expected as a result of that.


About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

With the sinking of the El Faro last week, and the resulting deaths of its entire crew of 33, the viability of the Jones Act is again being called into question.

“We’re pleased with the ongoing buildup of import cargo,” said Maritime Director John Driscoll. “Our job now is to maintain the momentum.”

UPS today announced it has made a significant expansion to its UPS Worldwide Express service by adding more than 41,000 global postal codes, which it said will result in earlier guaranteed-delivery options for shippers that only previously had end-of-day guarantees.

Students who excel in a semester’s worth of graduate-level classes online and who pass a comprehensive proctored exam can earn an MITx MicroMaster’s credential.

Yossi Sheffi talks about his new book, The Power Of Resilience: How The Best Companies Manage The Unexpected, and how the best companies are balancing the risks involved in new products, new markets, and new processes—all crucial for growth—and the resilience created by advanced risk management.

Article Topics

News · Trucking · ATA · All topics


Post a comment
Commenting is not available in this channel entry.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA