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

Latest Thinking

Qualified Small Business Stock (QSBS) Jonathan Poland

Qualified Small Business Stock (QSBS)

Qualified Small Business Stock (QSBS) refers to a special classification of stock in the United States that offers significant tax…

Barrick Gold Jonathan Poland

Barrick Gold

Barrick Gold Corporation (NYSE: GOLD) is a significant player in the global economy, particularly within the gold mining industry. Its…

Newmont Corporation Jonathan Poland

Newmont Corporation

Newmont Corporation (NYSE: NEM), being the world’s largest gold mining corporation, with extensive operations in mining and production of not…

Gold is Money Jonathan Poland

Gold is Money

Overview The history of gold as money spans thousands of years and has played a pivotal role in the economic…

What is Leadership? Jonathan Poland

What is Leadership?

In the modern business world, where rapid changes, technological advancements, and global challenges are the norm, effective leadership is more…

Product Durability Jonathan Poland

Product Durability

A durable product, often referred to as a durable good, is a product that does not quickly wear out or,…

Durable Competitive Advantage Jonathan Poland

Durable Competitive Advantage

The most important aspect of durability is market fit. Unique super simple products or services that does change much if…

Praxeology Jonathan Poland


Praxeology is the study of human action, particularly as it pertains to decision-making and the pursuit of goals. The term…

Business Models Jonathan Poland

Business Models

Business models define how a company creates, delivers, and captures value. There are numerous business models, each tailored to specific…