Trucking revenue topped $700 billion in 2014, ATA report shows (with …

Made sense to you? Share it now!
Share

The trucking industry brought in $700.4 billion in revenue in 2014, according to a report released this week by the American Trucking Associations. That’s the highest total revenue in history for the industry and the first time surpassing the $700 billion mark, ATA says.

Related

Indicators: Freight growth and regs expected to impact shippers; Truckload Linehaul Index soar

Per recent trucking economic indicators, rates are still trending upward and freight’s expected to continue to grow throughout the year.

The combination of a significant jump in freight volume in the year and tightening capacity spurred the revenue uptick, says ATA Chief Economist Bob Costello.

Costello gives more analysis of the report in the video above.

ATA’s report, its annual American Trucking Trends, also showed the trucking industry moved 68.8 percent of all domestic freight, or 9.96 billion tons, in 2014.

And the $700.4 billion in revenue accounted for 80.3 percent of all freight transporation spending, ATA says.

ATA also released these short infographics with its report:

ComboTrucks 700Bill 2014Boxes

Originally posted 2015-05-14 00:19:19.

Made sense to you? Share it now!
Share
Not shareable enough? READ  Shout out to all the sleep deprived new parents!‪

About The Author

Related posts

Share
Share

Not something you could not wait to read?

Drop that.

Try a random editor's pick from iTSiNFOGRAPHICS.com's 16k+ colorful collection, or scroll thru our infographic tweets, pins or instagram posts! We always have

something to open your eyes, if not make your day.

 

Dig "iN"