The 2012 Trucking Trends Report

The 2012 American Trucking Trends report was recently released by the American Trucking Association, in which it stated that the truck industry remains an important part of the U.S. economy, providing truck driving jobs as well as continuing to be a leading form of freight transportation. The report studied statistics relating to the industry in a number of ways, such as the size of the industry, performance, sales, taxes, demographics of fleets, safety, effects on the environment, diesel trends, truck driving jobs, and the international trade.

The report disclosed that in December 2011, almost 53% of the more than 1.2 million carriers in the U.S. were private carriers. The industry was found to be predominantly run by smaller companies, with 90% of them having operated with a mere six trucks or less. 97.2% of all trucking companies maintain fewer than 20 trucks. Almost 6.3 million people worked in the truck industry last year, 3 million of which were truck drivers. Out of the 3 million drivers, 32.6% were minorities while 4.6% were women.

Trucks moved freight weighing 9.2 billion tons, almost 67% of all freight, worth 603.9 billion, making up more than 80% of all freight transportation revenue in 2011. That same year, their trucks used 37.2 billion gallons of diesel fuel. The previous year, in 2010, every truck on the road, both big and small, traveled a total of 397.8 billion miles. Trucks classified between 6 and 8 traveled 131.2 billion miles.

In 2010 the revenue per mile index rose almost 4.4% from the previous year. According to the ATT report, the revenue has continued to climb as the revenue index has risen almost 5.7% in 2011. The index for revenue per mile now sits just below the record of 147.0 set in 2008. Quite a recovery compared to the 10.9% plunge the index for revenue per mile took in 2009. The industry’s revenue per ton index on average for the less-than-truckload in 2011 rose by almost 4.3%. This is a large recovery after having fallen 16.5% over the past two years.

On the negative side of the report, there were only 3.03 million truck drivers on the road in 2010, a decrease of 123,000, roughly 3.9%, from the previous year. This marks a steady decline in truck drivers since 2006. The amount of female and minority truck drivers has dropped off as well. In 2010 there were 123,000 female truck drivers on the road, almost 25,000 less than there were in the previous year. In 2010, 32.6% of all truck drivers on the road are minorities. This is a drop off from the previous year, in which 3.9% of all truck drivers were minorities. Of those minorities, African American drivers have decreased 2.5%, while Hispanic drivers have decreased 10.1%.

Nevertheless, the ATT report led Bob Costello, the Chief Economist of the ATA, to state that the truck driving industry is helping to lead the country’s economy back on track following the recession.

Like this Post?  Click below to like on facebook or post a comment.

Comments

An inspiring and motiiatvng story for us all.I read in the newspaper yesterday, about the passing of Donald Schneider, the second generation owner of Schneider National. One of the largest trucking companies in the U.S., Schneider National had over 10,000 of their distinctive orange, tractor-trailers on the road. The company became known as Big Orange .Don's father founded the company in Green Bay, Wisc. in 1935 when he sold the family car to buy his first truck. Don started out as a mechanic's assistant and began driving when he was 18.From there he got his degree in accounting and took over as chief executive in 1976. Schneider National went from $94 million in valuation when Don took over, to $2.6 billion when he stepped down as CEO in 2002.The company grew throughout the 60 s and 70 s through mergers an acquisitions and was always on the leading edge of technology, leading the way into logistics by arranging delivery of time-sensitive deliveries by truck and rail and later pioneering the use of standardized containers, known today as intermodal. So what do we take away from an amazing life and story?1. Even the biggest trucking companies start with one truck.2. Always be on the lookout for opportunities. Opportunities never stop coming. They are always out there for us all and we here at Pro Drivers USA want you to succeed and fulfill all your dreams.Best to you all,Mark OlsonFounder, Pro Drivers USA

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.