TRUCKING

September 19, 2017


I have several clients I try to keep happy each week.  One is in Cleveland, Tennessee. That’s about a forty-five (45) minute drive for me, one way, so I get to see a great deal of Interstate traffic.  This is my thirteenth year with this company as a client so I have made that trip multiple times.  There is NO time of the day that I do not see an armada of fifty-three (53) foot rigs hauling their load from point “A” to point “B”.  The numbers are quite frankly staggering.  According to the American Trucking Association (ATA) for the year 2016:

  • The big rigs moved 10.42 billion tons of freight or seventy percent (70%) of all domestic freight tonnage.
  • The nation’s commercial trucks paid $41.3 billion in state and federal highway user fees and taxes. The average five-axel-trailer pays more than $5,600.00 in taxes annually.
  • There were 33.8 million trucks registered for business purposes, including 3.68 million Class 8 trucks. (NOTE: The Class 8 truck gross vehicle weight rating (GVWR) is a vehicle with a GVWR exceeding 33000 pounds (14969 kg). These include tractor trailer tractors as well as single-unit dump trucks of a GVWR over 33,000 pounds; such trucks typically have 3 or more axles.)
  • The 33.8 million trucks mentioned above burned 38.8 billion gallons of diesel fuel and 15.5 billion gallons of gasoline. Today’s average price per gallon for diesel is $2.71.
  • They traveled 450.4 billion miles.
  • Approximately 7.4 million Americans are employed in trucking-related jobs, including 3.5 million as truck drivers.
  • Trucking is an industry made up of small businesses; 91% of motor carriers operate six or fewer trucks and 97.3% operate less than 20.
  • Annual revenues for 2016 totaled $676.2 billion.
  • Freight volumes are projected to grow 2.8% in 2017 with an annual growth rate of 3.4% through 2023.
  • Truckload volumes are expected to grow 2.7% per year from 2017 to 2023.
  • Short haul or LTL shipments, will increase 3.3% per year from 2017 to 2023.

Companies, small and large, are making concerted efforts to lessen costs for diesel fuel and obtain greater efficencies thereby reducing overall total costs of operation.  This is a nationwide exercise all movers long-haul and short-haul are participating in.  We are already seeing FedEx, UPS, the Federal Post Office, DHL, police departments, taxi cab companies and others convert from diesel to propane or natural gas as the fuel of choice.  This not only reduces operating expense but reduces carbon emissions.   We also see companies who design and build engines for these big rigs, working hard to improve mileage and engine efficencies.  Progress is being made on a yearly basis.  So, the next time you pass an LTL or STL hauler, think about the industry and the efforts they are in the process of adopting to improve their company.

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