Friday, July 24, 2020

ATA Report Gives Insights on US Trucking Industry at Close of 2019

Founded in the early 1940s, Seward Motor Freight originally hauled freight between Omaha and Seward, Nebraska and the surrounding towns as a “Less than a Truck Load” operation. Today, Seward Motor Freight has grown significantly and changed their business model to a “Truck Load” operation across the Midwest, Central, South and East areas in the United States. The company has been a supporter and member in the American Trucking Association (ATA) for over 25 years. According to ATA’s American Trucking Trends 2020 report, the trucking industry carried 11.84 billion tons of freight across the country in 2019 generating $791.7 billion in revenue. The industry accounted for 80.4 percent of all US freight. The report also stated that trucks moved 67.7 percent of surface freight between the United States and Canada and 83.1 percent of freight with Mexico. In total, trucks moved $772 billion worth of cargo between the United States and its neighbors. Interestingly, 91.3 percent of carriers operated a fleet of six or fewer trucks. Slightly over 97 percent operated 20 of fewer trucks. On the jobs front, the trucking industry supported 7.95 million jobs, including 3.6 million driver jobs. Looking at driver demographics, men made up 93.3 percent of truckers. Women comprised a paltry 6.7 percent. Minorities made up 41.5 percent of truckers.