The trucking industry is one of the major American industries.The goods and materials are transferred from the manufacturing plants to retail centers. It contributes a large part to the economy.About $791.7 billion are generated in the trucking industry. It is also a hub for employment as thousands of workers work in this industry. In 2019, 80.4% of the freight bill of America came from trucking companies, and commercial trucks comprise 13.4% of all vehicles registered in the country. Many businesses rely on the trucking industry and d freight industry to transport their products. The trucking industry is essential and one of the leading transportation services. However, the truck driver shortage is a problem because people often look for different alternatives. Continue reading for more trucking industry facts.If you like this article, make sure to read our Facts articles: Little Caesar’s facts and Gypsy facts.Trucking Industry: OverviewThe number of truck drivers in the U.S is about 3.5 million.The trucking industry travels over 93.5 million highway miles in the whole year. In the federal highway taxes, about 18 billion dollars were paid by commercial trucks. Trucks are used for interstate and intrastate transport of goods. The trucking industry is also used for carrying heavy furniture and cars.Trucks are also given a license to travel between countries. In 2019, 67.7% of goods between the U.S and Canada were transported using trucks. Trade between Mexico was done using trucks. In 2019, the numbers jumped to 83.1%. 6.7% of the truck drivers are women.Before automobiles were invented, most goods were carried through horse-driven vehicles or railroads. In the year 1930, the trucking industry started to gain momentum after World War I as there was a lot of construction of roads. For the public’s safety, the trucks had to be limited to specific hours, as they would disrupt people’s security and normal functioning using the roads and other automobiles. In the 1950s and 1960s, citizens contributed by their taxes to build highways and freeways, and the soo trucking industry became the primary medium of transport to carry freights from one place to another. This also meant that roads would be used less by the trucks and more on the freeways.Trucking Industry: Market SizeThe largest trucking industry in the United States is United Parcel Services.In the trucking industry, there are many truck drivers, which contributes to the boost in the economy. About $30 billion in the economic industry is contributed by the truckers. 65% of pharmaceutical things, 91% of lumber, 92% of foods, and 83% of farming products are is consumed by truckers.115,000 miles per year on average is driven by truck drivers who are old and retire late. They cannot travel long distances, and that is the best they can average. This time rounds up to 2083 days. It is about five years of a person’s lifetime.Freight tonnage has increased by 70% in the U.S. There are around $3 million trucks overall in the United States. By the year 2022, the number of truck drivers will increase by 21%; the Bureau of Labor Statistics predicts this. Many of the trucking companies, about 97%, are small businesses, most of the trucks have owner-operators. The trucking industry is essential in today’s world. The trucking industry pumps nearly $40 billion into the American economy. Truck driving is a less lucrative job option in today’s world, with many people not opting for physical and hard labor jobs. But, in rural areas, truck driving is an easy way to earn money.Is trucking a growing industry?Some companies are rejecting trucking services from 3rd parties and are employing their own truck drivers.The trucking industry is a rapidly growing industry. Many of the drivers are in the age range of 24 to 45. drivers under the age of 24 amount to only 4.9%. People in the age range of 45-54 amount to 29% of the truck driver population. About 29% of the population regards trucking as their possible outcome.With the advent of different modes of transportation and automation, it can be said that the trucking industry has seen its heydays in the past, compared to today. There have been many shortages in terms of truck drivers, and people are not opting for that profession as much as they used to in the past. The trucking industry also contributes a lot to the construction industry. The types of vehicles used in trucking are HotShot, Reefer, Dry Van, Panel Van, Tractor, Bobtail, and Flatbed.Trucking Industry: StatisticsA Commercial Driver License (CDL) is required to drive buses and large trucks.Dirt, concrete, rocks, and other construction material are moved and carried by trucks. Handling such large equipment requires a lot of knowledge and training. The government regulates the driving hours of truck drivers of heavy trucks. The hours of the service should be adhered to by the commercial motor vehicles drivers.Federal Motor Carrier Safety Administration(FMCSA) issues the rules for interstate commercial driving. It also handles the safety of trucks and their drivers on the highway. The United States Department of Transportation(USDOT) governs all transportation sectors such as shipping, airlines, trucking, and railroads. FMCSA is a branch of USDOT. The emission standards were revised in 2006 United States Environmental Protection Agency to improve air quality and reduce air pollutants.The Importance Of The Trucking IndustryMany companies’ productivity and operations have increased due to the trucking industry.Satellite communication and navigation have eased the; labor done by truck drivers. Earlier, there used to be many mishaps and accidents owing to unlit highways and dangerous nighttime driving. Now, the number of misfortunes happening is significantly less. The time and effort of drivers are reduced by a considerable amount. The heydays of the trucking industry were in the 1960s and 1970s. When the price of fuel increased, there was a protest staged by truck drivers. The installation of highways made the trucking industry dominate the freight industry in the late 20th century and became an essential industry in the mode of transport in the U.S.Here at Kidadl, we have carefully created many interesting family-friendly facts for everyone to enjoy! If you liked our suggestions for 103 Trucking Industry Facts We Bet You Never Knew, then why not take a look at Wool Industry facts or Food Industry facts?
The trucking industry is one of the major American industries.
