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

Content Database

Marketing Costs Jonathan Poland

Marketing Costs

Marketing costs are expenses that are related to promoting and selling products or services to customers. These costs can include…

Innovation Risk Jonathan Poland

Innovation Risk

Innovation is a proactive approach to business and design that aims to make significant improvements, rather than simply making incremental…

Market Penetration Jonathan Poland

Market Penetration

Market penetration refers to the process of increasing the market share of a company’s existing products or services within a…

Business Optimization Jonathan Poland

Business Optimization

Business optimization is the ongoing process of evaluating the efficiency, productivity, and performance of a business and identifying ways to…

Ingredient Branding Jonathan Poland

Ingredient Branding

Ingredient branding, also known as component branding or parts branding, is a marketing strategy that focuses on promoting the individual…

Risk Management Techniques Jonathan Poland

Risk Management Techniques

Risk management is the process of identifying, assessing, and prioritizing risks in order to minimize their potential impact on an…

Corrective Action Plan Jonathan Poland

Corrective Action Plan

A corrective action plan is a process designed to identify and address problems or issues within an organization. It involves…

Sales Activities Jonathan Poland

Sales Activities

A sales activity is any action or task that a salesperson undertakes in order to achieve revenue. This can include…

Competitive Intelligence Jonathan Poland

Competitive Intelligence

Competitive intelligence is the process of collecting and analyzing information about competitors, markets, industries, products, and customers in order to…