Report finds trucking rebounded in 2021 after decline in earlier yr
The trucking {industry} moved 10.93 billion tons of freight in 2021, producing $875.5 billion in income, based on the most recent version of American Trucking Associations’ American Trucking Developments 2022.
“The general truck freight market bounced again in 2021 after falling in 2020,” mentioned ATA Chief Economist Bob Costello. “Developments is a beneficial useful resource to trace adjustments in our {industry}, and this yr’s version isn’t any completely different. This yr’s report discovered that regardless of a difficult setting, trucking did expertise development and maintained its place because the dominant freight mode.”
In response to a press release from ATA, the findings in Developments, in 2021 embody:
- Vans moved 10.93 billion tons of freight – up from 10.23 billion tons the earlier yr
- The {industry} collected 80.8% of the nation’s freight invoice, up barely from the earlier yr, whereas producing $875.5 billion
- Trucking employed 7.99 million folks in industry-related jobs, up 340,000 from the earlier yr, together with 3.49 million skilled truck drivers
- Girls made up 7.9% of the nation’s drivers – an all-time excessive – and minorities account for 46.1% of truck drivers
- Trucking stays a small enterprise {industry}: 95.7% of fleets function 10 or fewer vans, and 99.7% function lower than 100
- Vans moved 66.1% of the worth of floor commerce between the U.S. and Canada and 82.7% of cross-border commerce with Mexico, for a complete of $828 billion value of products
