ARLINGTON, Va. – The latest edition of the American Trucking Associations look in to the future of freight has been released today.
ATA U.S. Freight Transportation Forecast to 2025 says that freight tonnage will grow almost 24% from 2013-2025 and freight revenue will grow 72%.
“We continue to see growth for the entire freight economy – but we also see that trucking will maintain its position as the nation’s dominant mode of freight transportation,” said ATA senior vice-president and chief economist Bob Costello.
More findings include the prediction that truckload volume will increase 3.5% a year until 2019 and that trucking’s share of freight tonnage will grow to 71.4% in 2025 from 69.1% in 2013.
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News