Trucking industry revenues were $676.2 billion in 2016

Trucking industry revenues were $676.2 billion in 2016

generic-highway-city

Trucking industry revenues in 2016 were $676.2 billion, according to findings of the American Trucking Associations in ATA American Trucking Trends 2017, the annual compendium of data about the trucking industry.

“The information in Trends highlights exactly what I tell elected officials, regulators and key decision-makers every day: trucking is literally the driving force behind our great economy,” said Chris Spear, ATA’s president and chief executive officer. “Safe, reliable and efficient motor carriers enable businesses throughout the supply chain to maintain lean inventories, thereby saving the economy billions of dollars each year.”

Among the findings in this year’s edition:

  • Trucking generated $676.2 billion, or 79.8% of the nation’s freight bill.
  • Trucks moved 10.42 billion tons of freight—70.6% of all domestic freight tonnage.
  • The nation’s commercial trucks paid $41.3 billion in state and federal highway user fees and taxes. The average five-axle tractor trailer pays more than $5,600 in taxes annually.
  • There were 33.8 million trucks registered for business purposes, including 3.68 million Class 8 trucks. Those trucks burned 38.8 billion gallons of diesel fuel and 15.5 billion gallons of gasoline and traveled 450.4 billion miles.
  • 7.4 million Americans are employed in trucking-related jobs, including 3.5 million as truck drivers. 6% of those drivers are women and 38.7% are minorities.
  • Trucking is an industry made up of small businesses: 91% of motor carriers operate six or fewer trucks and 97.3% operate less than 20.

For more information, visit the ATA website.

You May Also Like

Drivewyze, Bestpass partnership to integrate weight station bypass, toll management solutions

The collaboration will support on the rollout of a Drivewyze toll trip report, providing GPS-based toll event data.

Drivewyze and Bestpass have recently announced a new partnership to address fleet and driver pain points with tolling. The partners are aligning their offerings to streamline onboarding and support for fleets adopting weigh station bypass and toll management services.

Drivewyze offers PreClear weigh station bypass services at more than 840 sites in 45 states and provinces. In addition, it offers Drivewyze Safety+, a proactive in-cab safety alerts and driver-coaching service, which includes features allowing fleets to create in-cab toll road notifications. Bestpass works with over 50 tolling authorities across the U.S. providing a comprehensive payment platform with a focus on nationwide toll management for commercial fleets with solutions for 100% of major toll roads.

ERoad launches Clarity Get for Clarity dashcam

ERoad recently announced the launch of Clarity Get, an expansion on the ERoad dashcam video telematics solution, Clarity Solo. Clarity Get allows fleets to view video clips that are important to your operation, as well as historical video footage from MyEROAD, a cloud-based fleet management platform or mobile application. EROAD Clarity Get combines HD video, GPS tracking

Clarity-Get-EROAD-1400
The biggest truck technology stories of 2022

Technology is changing the way all things operate. In the world of heavy-duty trucking operations, fleets are constantly looking for ways to work smarter, not harder. Now, technology is supporting processes that are automated, instantaneous and increasingly available to the trucking industry. With all of the developments, integrations, partnerships and product advancements, looking into technology progression

best-of-tech-1400
Assured Telematics driver safety report coming to trucks with Lytx camera

Assured Telematics says that its driver safety report will be available in early 2023 to all fleets with a factory-installed Lytx dash camera system on select commercial trucks. The driver safety report, which has been custom developed by Assured Telematics, combines a fleet operator’s real-time telematics data from Geotab with the joint customer’s Lytx data to provide efficient insights

Assured-Telematics-driver-safety-report-600
Volta Trucks to provide 16 Volta Zeros, charging infrastructure to Heppner in France

Volta Trucks has announced the first implementation of its new full-electric Volta Zero with Truck-as-a-Service charging infrastructure to Heppner, a creator of transport and logistics solutions and an independent leader in international transport from and to France. Related Articles – Rockview Farms deploys Volvo LIGHTS project’s final two VNR Electric trucks  – Lion Electric announces

Volta-Heppner-1400

Other Posts

Economic downturn could be less severe according to latest data

Data from ACT Research reports the potential for limited interest rate increases.

finance-generic
Leasing and Finance Index new business volume for November up y/y

Volume was down 24% from $11.3 billion in October. Year-to-date, cumulative new business volume was up 6% compared to 2021.

Equipment-Leasing-and-Finance-Association’s-survey-of-economic-activity-1400
December Class 8 intake caps off a robust final four months

At 30,300 units, December Class 8 orders show a positive progression moving into the new year.

Penske-Truck-Leasing-Freightliner
Used Class 8 retail sales dropped 19% in November

Longer term, average price and miles were higher y/y, with age up 7% y/y.

Onfleet_6_generic