In 2022, trucks moved more than 11.4 billion tons of freight generating over $940 billion, signaling growth year over year, according to American Trucking Associations' (ATA) American Trucking Trends 2023.
In the ATA press release, chief economist for ATA, Bob Costello, said, “While 2022 was a challenging year for trucking in many respects, the industry still posted growth in revenue, tonnage, employment and several other measures. In addition, by share of freight revenue and tonnage, trucking remained by far the dominant mode of transportation in the country."
The report also found that: the trucking industry employed 8.4 million people in industry-related jobs, an increase of 405,000 from the previous year; women comprised 8.1% of drivers, which is the highest to date and an increase for the seventh year in a row; and trucks were responsible for transporting 61.9% of the value of surface trade between the United States and Canada and 83.5% of trade with Mexico, totaling $947.92 billion worth of product.
The current Trends report also included data about U.S. household good movers, expanded information about the macroeconomy with relation to freight drivers and an overview of ATA’s driver compensation.
"As government and business leaders make choices that determine the trajectory of our economy, the data found in these pages can help drive those decisions—that's why Trends has a place on the most influential desks, providing actional insights to elected officials, regulators, industry insiders, and economic analysts," said ATA President and CEO Chris Spear. "This is your guide to an industry that embodies the true meaning of essential."