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Jul 30, 2024 · Preliminary figures indicate that in 2023, the nation's domestic truck tonnage shipped totaled 11.18 billion tons of freight transported (primary shipments only). Taxes: $36.48 billion paid by commercial trucks in federal and state fuel taxes in 2022.
The US trucking industry is a vital backbone of the economy that is experiencing significant changes and challenges, from economic pressures and rising operational costs to technological advancements and evolving market demands.
Jan 5, 2024 · Used truck prices in the U.S. plummeted to levels not seen since April 2021, with prices down 6% in November from the previous month. But truckers who kept on trucking during the final week of the year were rewarded with a surge in spot market volumes, at least in van and reefer segments.
Feb 24, 2021 · While the CFS produces detailed data on truck shipments by commodity, it also provides data specifically on temperature-controlled shipments. These refrigerated (and similar) trucks transport goods that are a vital component of our economy, such as produce and meats.
Mar 5, 2024 · The commercial vehicle market in 2023 experienced substantial growth and is up 14% year-over-year, according to new analysis from S&P Global Mobility. More than 1.6M new vehicles in the class 1-8 GVW have been registered in 2023.
Nov 10, 2023 · In October, 3,168 carriers left the business in the U.S., while registrations for new carriers fell 7.5% from September to the lowest mark of 2023. “We anticipate these trends to continue through December and into Q1,” Motive wrote.
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Aug 9, 2024 · The US trucking industry is beginning to show signs of life after one of the deepest downturns in its history, with demand picking up even as prices remain suppressed by excess fleet capacity,...
