ATA Trends Report Shows Positive Figures
American Trucking Associations represents over 35,000 truck drivers across the nation. The group releases an annual “Trends” report which showed that the past year was surprisingly positive in terms of revenue and activeness within the industry.
The report shows that trucking collected over $725 billion in gross freight revenues, which equates to 81.5 percent of the nation’s freight bill from 2015. Nearly 11 tons of freight were carried in 2015, which accounts for over 70 percent of total domestic freight tonnage. There were also over 3.6 million Class 8 trucks in operation during 2015.
ATA President and CEO Chris Spear said: “In many ways, 2015 was a good year for our industry, and ‘Trends’ clearly demonstrates that.” ATA Chief Economist Bob Costello also commented on the report, saying: “According to our data, trucking revenues topped $700 billion for a second straight year, setting an all-time record of $726.4 billion in 2015, while trucks moved more than 10 billion tons of freight. 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.”
This past summer, the American Transportation Research Institute launched a 2016 Top Industry Issues Survey. ATRI functions as a non-for-profit organization which conducts research into a number of popular topics. These include driver health, infrastructure conditions, behavior of the motoring public, and more.
Popular topics among drivers in the past included compliance, driver shortages and retention, ELD rules, and trucker parking. This report helps ATA and the carriers associated with them understand which issues affect driving the most.