Behind the Growth of The Transportation Industry Of The United States
From LTL shipping services (less than truckload shipping services) to that of the expedited freight service, the industry of transportation – particularly in the realm of trucking – has grown considerably in recent years in the United States. In fact, the less than truckload market alone is worth as much as thirty five billion dollars, let along the worth of specialty freight services, the expedited freight service, or overweight shipping services, all of the above mentioned popular and profitable methods of shipping.
And the growth of the transportation industry of the United States is ongoing, as more and more cargo – good and products of every imagining – are transported all throughout the country, covering, in total, more than two hundred million miles every single year. Data backs this claim up, showing that, in the year of 2013, about five years ago from this, the current date, around fifteen billion tons of cargo were transported over the course of the year. This is certainly no small number, and already represented the transportation and trucking industry of the United States to have found considerable success. However, the amount of cargo shipped through an expedited freight service, trade show shipment, or other method of shipping has grown immensely in just the last few years since 2013 – and is expected to continue to grow a great deal. By the time that we reach the year of 2040, just more than twenty years from the current date, it is even expected and projected that the United States will regularly be shipping more than eighteen billion tons of goods and cargo throughout the time span of just one year. And it isn’t just trucks that get goods to where they need to be. Trucks included (along with cars, rail cars, locomotives and other vessels), there are as many as twelve million such commercial vehicles currently operating and moving goods across the country (and even, in some cases, outside of it) working for the United States today.
Even the value of the goods that are being transported has increased in recent years, helping to bring even more prosperity to the industry of transportation within the United States. While the value of freight in the year of 2007 was just around eight hundred and eighty dollars per ton, by the time that we reach the year of 2040, this value per ton is expected to rise to exceed one thousand and five hundred dollars and one thousand and seven hundred dollars. And many valuable goods are shipped throughout the United States on even just a daily basis, often using an expedited freight service to get goods to their new owners more quickly than ever before. There are three top valuable commodities in the United States. The most valuable is the commodity of machinery, but it is followed closely in value by both electronics and motorized vehicles, often automotives.
And the industry of ecommerce, commonly known as online shopping, has also boosted the need for services such as the expedited freight service, thus increasing the amount of revenue that goes to the transportation industry as a whole. The revenue that just the ecommerce industry of the United States generates on its own is staggering – more than four hundred billion dollars and expected to continue to steadily rise over the next coming years, with no plateau in sight. Ecommerce has most definitely changed the transportation industry in the way that goods are shipped, bringing popularity to many a expedited freight service and popularizing less than truckload shipping options, both of which work to get goods to consumers more quickly than was ever before possible.
The trucking industry, as well as the transportation industry as a whole, has become absolutely vital to the success of many various economies in the United States. Ecommerce in particular relies on the industry of trucking, and the trucking industry itself has come to generate much revenue out of ecommerce shipping, such as in the expedited freight service, as well. Trucking is hugely important in the United States, and will continue to be so indefinitely and on.