How big is the trucking industry?
The trucking companies, warehouses and private sector in the U.S. employs an estimated 8.9 million people employed in trucking-related jobs; nearly 3.5 million were truck drivers. Of this figure UPS employs 60,000 workers and 9% are owner operators. LTL shippers account for around 13.6 percent of America’s trucking sector.
How many trucks operate in the U.S.?
Estimates of 15.5 million trucks operate in the U.S.. Of this figure 2 million are tractor trailers.
How many truckers are there?
It is an estimated over 3.5 million truck drivers in the U.S. Of that one in nine are independent, a majority of which are owner operators. Canada has in excess of 250,000 truck drivers.
How many trucking companies are there in the U.S.?
Estimates of 1.2 million companies in the U.S. Of that figure 97% operate 20 or fewer while 90% operate 6 or fewer trucks.
How many miles does the transportation industry transports good in a year?
In 2006 the transportation industry logged 432.9 billion miles. Class 8 trucks accounted for 139.3 billion of those miles, up from 130.5 billion in 2005
What is the volume of goods transported by the trucking industry?
The United States economy depends on trucks to deliver nearly 70 percent of all freight transported annually in the U.S., accounting for $671 billion worth of manufactured and retail goods transported by truck in the U.S. alone. Add $295 billion in truck trade with Canada and $195.6 billion in truck trade with Mexico .
How much Revenue does the trucking industry produce?
Total revenue estimates are 255.5 billion. For Hire or Common Carriers Trucking companies generated revenue estimated at 97.9 billion. More than air transportation by 18 billion. Private Fleets generated revenue estimated at 121 billion.
What is the average operating ratio for trucking companies?
Estimates are the operating ratio is 95.2. This means for every dollar in revenue the trucking company has a cost of 95.2 cents. Leaving them with a profit of 4.8 cents of every dollar.
What does a driver make driving truck?
The average estimates that a driver makes is 30.3 cents per mile. Average yearly income for a driver is 32,000/Year. The average owner operator makes slightly more.
How much does the trucking industry pay to operate on our roads?
Estimates of 21.4 billions dollars is produced annually and paid by the trucking industry.
2008 Average operating costs
According to (ATRI) American Transportation Research Institute the average cost per mile was $1.73 per mile and $83.68 per hour
How much fuel does the transportation industry utilize in a year?
trucks consumed 53.9 billion gallons of fuel for business purposes.
How much does the industry pay annually in Federal Highway use Tax?
The transportation industry paid $37.4 billion in federal and state highway-user taxes. Commercial trucks make up 12.5 percent of all registered vehicles, but paid 36.5 percent of total highway-user taxes in 2006.
How much fuel does the trucking industry consume?
The trucking industry accounts for 12.8% of all the fuel purchased in the U.S. Compared to automobiles and light vehicles accounted for 63% of the fuel purchased.
What is the average price per gallon of fuel?
Average price for fuel is estimated to be 2002/$1.26 per gallon 2004/$1.58 per gallon