America’s trucking industry provides an essential service to the U.S. economy and supply chain by hauling large quantities of finished and unfinished goods, as well as raw materials, across the land. Affecting the the political and economical makeup of the United States since the first World War, trucking is still an indispensable part of the manufacturing industry, even during this age of rapid technological advancement. Aside from being the subject of a multitude of hit movies and country songs of the 1960′s and 70′s, there are a multitude of interesting facts about this all important mode of transporting consumer goods – here are a few:
1.) Intermodal transfer, meaning the shipment of inventory and goods using more than one method of transportation (i.e. plane and train, truck and ocean carrier) is on the rise. In 2012, there were 13.1 intermodal container moves, that’s 5.9% increase over the previous year.
2.) The American trucking Association reports that trucks carry 67% of all domestically moved freight in the United States.
3.) More good news from The ATA: the seasonally adjusted (SA) for-hire truck tonnage increased 2.9 percent in January of this year, after jumping 2.4 percent in December of 2012.
4.) The NHTSA says that run-off-road, rear end, and lane change maneuvers are responsible for 23, 28, and 9 percent of all highway deaths, respectively. They are strong advocates for the installation of vehicle collision avoidance technologies that prevent these specific types of accidents from occurring.
5.) If electronic stability control systems were installed on commercial tractor trailers, says the NHTSA, an estimated 4,659 crashes could be prevented each year.
6.) The amount of freight moved by truck is rising rapidly, according to the U.S. Dept. of Transportation. In 2010, nearly 12.5 billion tons of freight with a value of 10.5 billion was moved. By 2040, expectations are that the number will hit 18.5 billion tons, with a value of 21.7 billion.
7.) Fuel and driver wages (not including benefits) are the biggest cost centers for the trucking industry. Together, they represent about 62% of operating costs in 2011.
8.) in 2012, there were almost 800,000 drivers of light, and tractor trailer trucks in the U.S., according to the U.S. Dept. of of Labor’s Bureau of Labor statistics.
9.) Class 8 truck orders for March 2013 are 11% higher than last year, according to FTR Associates. Class 8 trucks are those that weigh over 33,001 lbs, and include all tractor trailer trucks.
10.) Transportation insurance brokers, wholesalers, and underwriters responding to a survey by NIP Group say that premiums for truckers increased in the last quarter of 2012, 66% of them saying they had increased as much as 10% overall.