According to the 2013 U.S. Freight Transportation Forecast, compiled by the American Trucking Association, the trucking business is in for a period of significant long-term growth.
The forecast, which was released in June, estimates that overall freight revenue in the U.S. will reach $1.3 trillion annually in 2024, up 63.6% from 2012. Trucking will see its share of that revenue rise to 81% in 2024 from 80.7% last year.
Meanwhile, the U.S. Department of Transportation predicts that trucks will carry 36.6% of the country’s freight by 2020, up from 33% in 2001. That’s the biggest gain during this period among all freight-transportation options.
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