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The ATA Forecasts Continued Growth for Trucking

by Anna Mischke | Aug 21, 2017

CL Blog_August InfographICThe American Trucking Associations (ATA) has released their newest edition of the ATA American Trucking Trends, a yearly collection of trucking industry data. ATA President and CEO, Chris Spear said, “The information in Trends highlights exactly what I tell elected officials, regulators and key decision-makers every day: trucking is literally the driving force behind our great economy.”

Trends finds that trucking industry revenues in 2016 amounted to $676.2 billion and Spear iterated that “safe, reliable and efficient motor carriers enable businesses throughout the supply chain to maintain lean inventories, thereby saving the economy billions of dollars each year.”

The ATA projects sustained growth for the trucking industry in their U.S. Freight Transportation Forecast, and that 15.18 billion tons of freight will be moved by all modes this year. It is expected that by 2028 that number will rise to 20.73 billion tons. Spear explained, “As we look ahead at the rest of the 21st Century, the projections found in U.S. Freight Transportation Forecast are invaluable to decision makers in the board room and the hearing room alike” and “having good accurate, data is critical to making sure businesses are making appropriate investments in their companies and that our government is making the proper investments in our nation’s infrastructure.”

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