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:
- According to the American Trucking Associations (ATA), the trucking industry in the United States generated $791.7 billion in revenue in 2019.
- The industry employs approximately 3.6 million drivers in the U.S., making it one of the largest employers in the country.
- The average age of a commercial truck driver is 46 years old, and only about 6% of drivers are under the age of 25.
- The industry is predominantly male, with only about 6% of drivers being female.
- 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.
- The trucking industry faces a shortage of qualified drivers, with an estimated 60,000 driver positions unfilled in the U.S. as of 2021.
- 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