US truck freight volume is projected to reach 14 million tons by 2035, accounting for 76.8% of the freight market. Key driving factors include technology advancements, labor dynamics, environmental concerns, evolving regulations, and the continued growth of e-commerce. These elements will significantly shape the future of trucking and its role within the broader supply chain landscape, impacting capacity, pricing, and overall efficiency.
The American Trucking Associations (ATA) forecasts road freight tonnage to reach a peak of 14 million tons by 2035. The report highlights the dominance of road transportation in the freight market, projecting significant growth in both tonnage and revenue. It also analyzes trends in other transportation modes, including rail, air, and water. Businesses should capitalize on opportunities such as technological innovation, sustainability, and intermodal transportation, developing clear strategic plans to thrive in future competition.
American Trucking Associations (ATA) data reveals a significant drop in freight volume in February, attributed to the impact of a cold wave. The analysis delves into the underlying causes of this decline, considering factors such as seasonal adjustments, the ongoing pandemic, and the rise of e-commerce. Furthermore, the article explores the potential impact of future economic recovery on the freight market, offering valuable insights and recommendations for freight professionals. The analysis provides a comprehensive understanding of the current freight landscape and its future prospects.
The American Trucking Associations supports the ELD mandate, aiming to improve efficiency and safety. However, the Owner-Operator Independent Drivers Association opposes it, citing increased costs and privacy concerns. This dispute reflects a deep division within the trucking industry, potentially leading to instability, capacity shortages, and price increases. Future attention should focus on technological advancements, policy adjustments, and industry collaboration to seek more equitable solutions. The ELD mandate's impact on owner-operators versus larger fleets remains a key point of contention.
The American Trucking Associations forecasts significant growth in trucking freight volumes over the next decade, projecting nearly 14 million tons by 2035, dominating the freight market. The report analyzes the drivers behind this growth and highlights the challenges facing the industry. It provides trucking companies with strategies to address these challenges and capitalize on the increasing demand for freight transportation. This forecast offers valuable insights for businesses involved in logistics, supply chain management, and transportation planning, enabling them to prepare for the future of freight movement.
The American Trucking Associations (ATA) is urging the Federal Motor Carrier Safety Administration (FMCSA) to reassess its fleet compliance review process and Safety Management System (SMS) to eliminate geographical bias and address data reliability concerns. The industry widely questions the fairness and accuracy of the current safety rating system, suggesting simplification and avoidance of reliance on CSA/SMS. FMCSA needs to consider all perspectives to improve the assessment system and ultimately enhance road safety. This requires a thorough review of existing methodologies and implementation of necessary changes to ensure a more equitable and effective system.
The American Trucking Associations forecasts significant growth in total U.S. freight volume over the next decade, with trucking maintaining its dominant position. The report analyzes opportunities and challenges in segments like truckload, rail intermodal, and rail, emphasizing the crucial role of trucking in the national economy. It also proposes strategies for addressing challenges and capitalizing on opportunities presented by the projected freight growth. Trucking will remain a vital component of the supply chain and overall economic activity in the US.
Iran has officially joined the Istanbul Convention, becoming the 68th contracting party, marking a significant step in its international trade facilitation efforts. The Convention, and its core ATA Carnet system, aims to simplify customs procedures, reduce trade costs, and promote cross-border movement of goods. This accession is of great importance for Iran itself and the development of global trade by streamlining temporary import/export processes and fostering economic cooperation. The ATA Carnet simplifies customs procedures for temporary admission of goods.
FTR and ATA data reports analyze the trucking market from different perspectives. FTR's Shippers Conditions Index indicates tightening capacity, while ATA's tonnage index reflects macroeconomic trends. Both reports reveal the opportunities and challenges facing the freight market. Specifically, the FTR index highlights the increasing pressure on shippers to secure capacity, potentially leading to higher rates. The ATA index, on the other hand, provides insights into the overall health of the economy and its impact on freight demand. Understanding these indicators is crucial for stakeholders in the trucking industry.
The American Trucking Associations (ATA) has launched an advocacy campaign urging Congress to increase infrastructure investment to address traffic congestion and economic losses caused by aging roads and bridges. The ATA proposes raising the fuel tax to provide a sustainable funding source for the Highway Trust Fund. They are calling on the public to pressure their congressional representatives to support infrastructure development. The initiative highlights the urgency of modernizing America's transportation network to improve efficiency and boost the economy by reducing delays and ensuring the safe movement of goods.
