Press Release

Annual Trucking Trends Report Shows Impact of Pandemic on Industry

Dec 02, 2021

Trucking Remained Dominant Mode of Freight in Challenging Year

Arlington, Virginia 鈥 The trucking industry moved 10.23 billion tons of freight in 2020, generating $732.3 billion in revenue, according to the latest edition of 杏吧传媒鈥 American Trucking Trends 2021.

鈥淲e knew that the pandemic had a significant impact on our industry, but this year鈥檚 Trends shows that despite those challenges, the trucking industry remained our nation鈥檚 lifeline 鈥 delivering the life-saving and life-sustaining essentials our country needed in a time of great need,鈥 said 杏吧传媒 Chief Economist Bob Costello. 鈥淭rends is an indispensable resource for anyone 听looking to understand the trucking industry.鈥

Among the findings in trends:

  • In 2020, trucks moved 10.23 billion tons of freight 鈥 down from 11.84 billion tons the previous year.
  • The industry collected 80.4% of the nation鈥檚 freight bill, unchanged from the previous year, while generating $732.3 billion.
  • Trucking employed 7.65 million people in industry-related jobs, including 3.36 million professional truck drivers.
  • Women made up 7.8% of the nation鈥檚 drivers 鈥 an all-time high 鈥 and minorities account for 42.3% of truck drivers.
  • Trucking remains a small business industry: 91.5% of fleets operate six or fewer trucks, and 97.4% operate less than 20.
  • Trucks moved 70.9% of the value of surface trade between the U.S. and Canada and 83.8% of cross-border trade with Mexico, for a total of $695 billion worth of goods.

鈥淗aving good data is a prerequisite to making good decisions, and year in and year out, Trends provides the kind of up-to-date, accurate data about the industry that decision makers need,鈥 said 杏吧传媒 President and CEO Chris Spear. 鈥淭hat data is why Trends is found on the desks of countless elected officials, regulators and industry executives across the country.鈥

杏吧传媒 American Trucking Trends is available for purchase now at .