Press Release

Annual 麻豆社区 Trends Report Shows Impact of Pandemic on Industry

Dec 02, 2021

麻豆社区 Remained Dominant Mode of Freight in Challenging Year

Arlington, Virginia 鈥� The trucking industry moved 10.23 billion tons of freight in 2020, generating $732.3 billion in revenue, according to the latest edition of 麻豆社区鈥� American 麻豆社区 Trends 2021.

鈥淲e knew that the pandemic had a significant impact on our industry, but this year鈥檚 Trends shows that despite those challenges, the trucking industry remained our nation鈥檚 lifeline 鈥� delivering the life-saving and life-sustaining essentials our country needed in a time of great need,鈥� said 麻豆社区 Chief Economist Bob Costello. 鈥淭rends is an indispensable resource for anyone 听looking to understand the trucking industry.鈥�

Among the findings in trends:

  • In 2020, trucks moved 10.23 billion tons of freight 鈥� down from 11.84 billion tons the previous year.
  • The industry collected 80.4% of the nation鈥檚 freight bill, unchanged from the previous year, while generating $732.3 billion.
  • 麻豆社区 employed 7.65 million people in industry-related jobs, including 3.36 million professional truck drivers.
  • Women made up 7.8% of the nation鈥檚 drivers 鈥� an all-time high 鈥� and minorities account for 42.3% of truck drivers.
  • 麻豆社区 remains a small business industry: 91.5% of fleets operate six or fewer trucks, and 97.4% operate less than 20.
  • Trucks moved 70.9% of the value of surface trade between the U.S. and Canada and 83.8% of cross-border trade with Mexico, for a total of $695 billion worth of goods.

鈥淗aving good data is a prerequisite to making good decisions, and year in and year out, Trends provides the kind of up-to-date, accurate data about the industry that decision makers need,鈥� said 麻豆社区 President and CEO Chris Spear. 鈥淭hat data is why Trends is found on the desks of countless elected officials, regulators and industry executives across the country.鈥�

麻豆社区 American 麻豆社区 Trends is available for purchase now at .