TRUCKING INDUSTRY REPORT * USA: Shows strong year
* Washington - Annual reports spotlight industry trends and topics
--- The nation’s largest trucking association, which represents more than 35,000 truck drivers nationwide, this month released its annual “Trends” report on trucking trends, showing that the past year was one for the record books in terms of industry revenue and the total number of trucks on the road... Says ATA Chief Economist Bob Costello. “While the first half of 2016 has been challenging for the industry, trucking is coming off two very strong years and we are optimistic about the future” ... Some highlights of the 2016 “Trends” report:
* Trucking collected $726.4 billion in gross freight revenues, 81.5 percent of the nation’s freight bill in 2015.
* Trucks carried 10.49 tons of freight in 2015, accounting for 70.1 percent of domestic freight tonnage.
* In 2015, there were 3.63 million Class 8 trucks in operation.
“In many ways, 2015 was a good year for our industry, and ‘Trends’ clearly demonstrates that,” says Chris Spear, president and CEO of American Trucking Associations, which is the largest national trade association for the trucking industry...
(Photo: YRC Freight) -- Seattle, WASH, USA - The Seattle Times - September 8, 2016