2018 Marks Strong Year for Trucking Industry, Here are the Numbers

The ATA recently released its “American Trucking Trends 2019” report, reflecting 2018 trucking industry numbers.  Here are the key takeaways:

*Last year proved to be a strong year for trucking with revenue increasing 12.2% year-over-year to $796.7 billion (nearly $100 billion more over 2017) and accounting for 80.3% of freight spending in the country! (1)

*Trucks were responsible for moving 71.4% of tonnage in the USA (11.49 billion tons). (1)

*Surface freight between the USA and Canada increased 3.6% last year and Mexico cross-border increased 10.2%. (1)

*The number of people employed by the trucking industry in 2018 jumped to 7.8 million, 100,000 more than 2017.  This includes 3.5 million drivers (6.6% women and 40.4% minorities). (1)

*“91.3% of fleets operate six or fewer trucks and 97.4% operate 20 or fewer.” (1)

*By the end of 2018, the industry was short 60,800 drivers, marking a new high and increasing close to 20% over 2017. (2)

Drivers remain a top concern for the industry in 2019, with driver turnover increasing at a faster rate than the previous year.  Recent data provided by Stay Metrics shows that the number of drivers that stayed at a company for 30 days decreased from 86.3% (polling drivers from March-May 2018) to 84.9% (March-May 2019).  Taking it a step further, those drivers staying at a company a minimum of three months decreased nearly 5% from 69.3% to 64.9%. (3)

Road Scholar Transport takes care of our drivers offering them below:

*Overtime available

*Comprehensive healthcare and benefits

*Local drivers are home nightly

*Regional drivers are home on weekends

*Modern air-ride equipment

*Flexible dispatch

*“Access Perks” Family Discount Program

*And More!

Visit our careers page to learn more or to chat with one of our driver relationship specialists today.

 

(1)https://www.logisticsmgmt.com/article/atas_american_trucking_trends_report_highlights_how_strong_of_a_year_2018_w

(2)https://www.ttnews.com/articles/ata-says-truck-driver-shortage-course-double-decade

(3)https://www.ccjdigital.com/stay-metrics-index-shows-early-stage-driver-turnover-rises-in-2019/#