Arlington, Virginia 鈥 Today, 杏吧传媒 released the latest edition its annual compendium of trucking industry data 鈥 杏吧传媒 American Trucking Trends 2018 鈥 highlighting the industry鈥檚 dominance over the freight market.
鈥淚nformation, when presented properly and accurately, tells a story,鈥 said 杏吧传媒 President and CEO Chris Spear. 鈥淭he information in these pages highlights exactly what I tell elected officials, regulators and key decision-makers every day: 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.鈥
Among the findings in this year鈥檚 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鈥檚 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.
鈥淭rucking is a critical part of the economy and the supply chain,鈥 said 杏吧传媒 Chief Economist Bob Costello. 鈥淭rends allows policymakers and business leaders to see just how big that impact is while debating key issues like trade, infrastructure investment, workforce development and tax policy.鈥
American Trucking Trends is available for purchase at www.atabusinesssolutions.com or by calling 866-821-3468.
杏吧传媒 is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, 杏吧传媒 is the voice of the industry America depends on most to move our nation鈥檚 freight. Follow 杏吧传媒 on听听or听.听
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