What are some of the most interesting stats and facts about the trucking industry?
Most people don’t think much about the trucking industry on a daily basis unless their commute is full of semi-trailer trucks on the freeway. But those semis and the people who drive them are part of a vast, intricate ecosystem that does far more than you might think. Here are some of the most interesting statistics and facts about the trucking industry.
General Points of Interest
- If the American trucking industry was its own nation, it would take the 33rd spot globally in 2017.
- Over five percent of jobs in the USA are related to the trucking industry in some way.
- 70%+ of all goods in America have been on a truck at some point in time.
- The average grocery store will run out of food in three days if it’s not replenished–by trucks.
- A truck needs 40% more time to stop than the average car.
Business and Financial Matters
- Most trucking companies are small businesses.
- Trucking is about a $680 billion industry that employs around 7 million people.
- Sadly, as of February 2019, no overseer in the Federal Motor Carrier Safety Administration has ever been a trucker.
- EPA emission regulations over the last few years have cut the exhaust output of trucks by over 95%.
- Because of the 4 million-plus miles of road that the industry uses, truckers have a vested interest in road maintenance and infrastructure.
- Compared to other industry segments, maintenance and repair costs are much higher.
- Repair and maintenance costs have gone steadily up over the last few years.