From increasingly stringent fuel efficiency regulations to the regionalization of fleets, a number of trends continue to impact the North American trucking industry. Let’s look at six of the top trends within the segment.
1. Tonnage increases
According to the most recent data available from the American Trucking Associations (ATA), the trucking industry hauled 9.96 billion tons of freight (2014), which is nearly 70% of total U.S. freight tonnage. Tonnage in May 2016 rose 5.7% over May 2015 levels, which was also a 2.7% increase from April 2016, according to the ATA’s advanced, seasonally adjusted For-Hire Truck Tonnage Index. Year to date, tonnage was up 4% (as of May 2016) overall.