Industry

Trucking

The trucking industry involves the transportation of goods and materials over land using trucks and other large vehicles. It is a vital component of the economy, as it is responsible for moving goods between manufacturers, distributors, and retailers. The industry employs millions of people worldwide and generates billions of dollars in revenue each year. However, it also faces challenges such as driver shortages, high operating costs, and regulatory issues. The industry is evolving with advancements in technology, including the use of autonomous trucks and the implementation of electronic logging devices.

Here are some key statistics and demographics related to the trucking industry:

  1. According to the American Trucking Associations (ATA), the trucking industry in the United States generated $791.7 billion in revenue in 2019.
  2. The industry employs approximately 3.6 million drivers in the U.S., making it one of the largest employers in the country.
  3. The average age of a commercial truck driver is 46 years old, and only about 6% of drivers are under the age of 25.
  4. The industry is predominantly male, with only about 6% of drivers being female.
  5. In the U.S., long-haul truck drivers can spend up to 11 hours per day driving and are required to take a 30-minute break after 8 hours of driving.
  6. The trucking industry faces a shortage of qualified drivers, with an estimated 60,000 driver positions unfilled in the U.S. as of 2021.
  7. Trucking is the primary mode of freight transportation in the U.S., accounting for about 72% of all freight tonnage moved in the country.
Top Companies
  • Old Dominion Freight Line
  • TFI International
  • Knight-Swift
  • Saia
  • Schneider National
  • Werner Enterprises
  • RXO
  • ArcBest
  • Yellow Corporation
  • Heartland Express
  • Universal Logistics
  • Marten Transport

Learn More

Target Costing Jonathan Poland

Target Costing

Target costing is a cost management approach that involves setting a target cost for a product or service and then…

Brand Engagement Jonathan Poland

Brand Engagement

Brand engagement refers to the interaction between a customer and a brand, and can be used as a way to…

Environmental Challenges Jonathan Poland

Environmental Challenges

Environmental issues are detrimental changes to the Earth’s natural surroundings that negatively impact the current quality of life for individuals…

Employee Goals Jonathan Poland

Employee Goals

Employee goals are specific targets or objectives that are set for an individual employee in order to align their work…

The Importance of Lobbying 150 150 Jonathan Poland

The Importance of Lobbying

Lobbying is the act of influencing or attempting to influence the decisions of government officials, legislators, or regulators on behalf…

Types of Work Jonathan Poland

Types of Work

Work refers to any productive activity or pursuit that is undertaken in order to create value. There are countless types…

Bliss Point Jonathan Poland

Bliss Point

The concept of a “bliss point” refers to the amount of consumption of a particular good or service that maximizes…

Brand Awareness Jonathan Poland

Brand Awareness

Brand awareness refers to the extent to which consumers are familiar with and able to recognize a brand. It is…

Camping Strategy Jonathan Poland

Camping Strategy

Camping strategy is the practice of a using a geographical location as a competitive advantage. It has several common applications:…