An American Trucking Association (ATA) annual report maintains the industry produced $791.7 billion in revenue last year and was responsible for transporting 11.84 billion tons of freight.
Officials said the numbers were generated via the ATA’s data document – ATA American Trucking Trends 2020.
The analysis, officials said, also determined, among other findings, trucking’s revenues accounted for 80.4 percent of the nation’s freight bill; trucks transported 67.7 percent of surface freight between America and Canada and 83.1 percent of cross-border trade with Mexico; there are 7.95 million people employed in trucking-related jobs, and women represent 6.7 percent of the industry’s drivers while minorities account for 41.5 percent of truckers.
“Despite a challenging year, the data contained in American Trucking Trends shows the industry was in good shape entering the global pandemic,” ATA Chief Economist Bob Costello said. “Trends continue to be an indispensable, one-stop resource for decisionmakers to have the latest information about the state of the trucking industry.”
Trucking companies, industry suppliers, logistics providers, analysts, and public policy decisionmakers are among those who use the report, officials said.
“Sound policy relies on sound data; and American Trucking Trends contains the kind of up-to-date, reliable data that policymakers need to do their job,” ATA President and CEO Chris Spear said. “That is why Trends consistently is found in the offices of elected officials, regulators, and industry executives across the country.”