Future for trucking bright? ATA predicts so

| July 22, 2014
ATA's predictions on regional freight movement in the U.S.

ATA’s predictions on regional freight movement in the U.S.

Trucking will see continued growth both in freight and revenue in the next 10 years, according to the American Trucking Associations’ U.S. Freight Transportation Forecast to 2025. 

Between now and 2025, tonnage will grow 23.5 percent, ATA predicts, while freight revenues are predicted to grow a whopping 72 percent. 

Related

Self-driving trucks are here: Daimler introduces ‘Highway Pilot’ autonomous truck

Speculation about autonomous -- or "driverless" -- vehicles has been commonplace in the trucking industry for years. Now, Daimler has made this concept a reality.

However, adaptation by carriers will be key to enjoying the boom, says ATA, as regional growth patterns, technological changes and the evolution of manufacturing and distribution will make the industry more complex. Carriers that become “True logistics experts” will be the ones that come out on top, ATA’s report says. 

The report also predicts that truck’s share of freight will continue to grow in the next 10 years, though by just a few percentage points — from 69.1 to 71.4. 

Truckload volume will grow by about 3.5 percent a year through 2019 and then 1.2 percent annually in the next five years, the report predicts. But truckload carriers will use intermodal rail for longer hauls. 

ATA’s Forecast can be purchased as a bound volume or a downloadable PDF at www.atabusinesssolutions.com

Tipping The Scales: Time To Trade In And Trade Up With Cummins ISX15 SmartAdvantage.

Notice: Overdrive is transitioning to a new comment platform due to technical problems with the former commenting system. The new commenting system is now live. We are currently in the process of moving all of the comments from the old system into the new system. We appreciate your patience in the meantime.
0 comments

Trackbacks

  1. […] In the year 2025, trucking is predicted to be a still booming industry. The American Trucking Associations’ US Freight Transportation Forecast projects that freight and revenue will grow a 23.5 and 72%, respectively. The Forecast also predicts that technological changes and growth will cause the industry to become much more complex. More information on the ATA US Freight Transportation Forecast can be found at Overdrive.  […]