How big is the trucking industry in the United States? In the USA, trucking is responsible for most of the overland freight movement. Its market size is over $1.1 trillion. This includes the transportation of goods (via road) from manufacturing plants to distribution centers, the transportation ...
Craig Fuller, CEO at FreightWavesFriday, December 13, 2024 Carrier Revenge: The freight market’s impending power shift In the ever-evolving landscape of the freight industry, a new phenomenon is emerging that threatens to upend the delicate balance between shippers and carriers. Known as “carrier...
2024 Top 100 For-Hire Carriers Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry. 2024 Top 100 Logistics A unique ranking of the third-party logistics companies in North America includes lis...
Global trade activity began growing again in the first quarter of 2024, and U.S. containerized freight shipments grew 9.3% year-over-year in June, marking 10 months of growth. This rise, driven by imports of paper, capital goods and consumer goods, shows a strong market re...
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October 4, 2024|Trucking Industry Update: Truck Transportation Spring 2024 July 17, 2024|Trucking Get the Latest Sign up to stay current on the latest news. Sign Up Now > BMO Experience & Expertise With more than 40 years of experience serving the commercial trucking industry, we understand th...
US Tank Trucking Industry Report Statistics for the 2024 US Tank Trucking market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US Tank Trucking analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analy...
A third-party logistics sales position can be demanding and complex, but it can also be incredibly rewarding. The Department of Labor estimates that truck drivers will account for 43% of the growth in logistics jobs in the years to come, and this massive industry remains as important as ever...
5. Truck batteries are getting cheaper Truckmakers still pay a higher price for batteries than manufacturers of passenger cars, but that premium is shrinking rapidly. Prices have been converging across sectors as the industry grows and battery manufacturers grapple withoversupply. Falling prices for ba...
In June, Asian manufacturing growth hit a 16-month high, led by suppliers in Vietnam and India. "2024 looks to be the start of a long positive run for India, Vietnam, and others," said John Piatek, vice president of consulting at GEP. He noted that Walmart imports about 25% of its...