ATA: Trucking Trends Report Shows Impact Of Pandemic On Industry – Fleet Management
The trucking industry moved 10.23 billion tonnes of freight in 2020, generating $ 732.3 billion in revenue, according to the latest edition of American Trucking Associations American Trucking Trends 2021.
“We knew the pandemic was having a significant impact on our industry, but this year’s trends show that despite these challenges, the trucking industry has remained the lifeline of our country – providing the essential lifesaving and sustaining elements. of the life our country needed in a time of great need, ”said Bob Costello, ATA chief economist, in a press release.
Among the trend findings:
- In 2020, trucks carried 10.23 billion tonnes of freight, up from 11.84 billion tonnes the previous year.
- The industry collected 80.4% of the country’s freight bill, unchanged from the previous year, while generating $ 732.3 billion.
- Trucking employed 7.65 million people in industry-related jobs, including 3.36 million professional truck drivers.
- Women made up 7.8% of the country’s drivers – a historic record – and minorities make up 42.3% of truck drivers.
- Trucking remains a small business industry: 91.5% of fleets operate six or fewer trucks, and 97.4% operate fewer than 20.
- Trucks transported 70.9% of the value of surface trade between the United States and Canada and 83.8% of cross-border trade with Mexico, totaling $ 695 billion in goods.