Taking A Look At The Growing Importance Of The Transportation Industry In the United States
Less than truckload shipments have become hugely utilized all throughout the United States. From the LTL shipment to managing LTL shipments, the LTL market here in the United States alone has risen to an impressive value of at least thirty five million dollars, a number that is only anticipated to rise in the years to come. The LTL shipment is more in demand than ever before, and, in this sense, the LTL shipment is not alone when it comes to the world of transportation here and all throughout the United States.
In fact, the LTL shipment represents only one aspect of shipping and the increase in the amount of cargo carried throughout the United States is on the rise in general. In fact, the year of 2013 saw an already impressive fifteen billion tons of cargo transported over the course of that one year. But by the time that we reach the year of 2040, now just over twenty fully years away from our current date here at the tail end of the year of 2018, this amount of cargo is anticipated to climb to nearly nineteen billion tons of cargo per year, with much of this attributed to the LTL shipment as well as to the increase of overweight shipping services as well.
In addition to this, the typical LTL shipment is seeing a higher value of cargo supported as well, as are all other types of shipments. This has been catalogued through the use of transportation management software as well as freight management software and the rising trend of increasing cargo values can be seen all throughout the industry. In fact, the total expected value of a ton of cargo is expected to exceed one thousand and three hundred dollars by the time that we reach that same year of 2040, up from a value of only just over eight hundred and eighty dollars in the year of 2013, a mere five years ago from our current date.
But why is this the case? Why has the typical LTL shipment in the United States become more important and more in demand than it has ever been before? Much of this can be attributed directly to the rise of e-commerce and online shopping not only here in the United States but in many other places all throughout the world as well. In fact, the internet itself has become more widely accessible than it has ever been before, servicing billions of people throughout the United. States and all around the world as well. And as the widespread usage of the internet has climbed quite significantly, so too have the rates of e-commerce, now exceeding a market value of four hundred billion dollars, a value that is only expected to rise exponentially in the years that are to come (and that’s just charting the revenue that e-commerce has garnered here in the United States, let alone everywhere else in the world).
After all, shopping on an online platform is highly appealing to many different people, as it allows for a great deal of ease and convenience. For many people, finding the time to go to an actual store location is an incredibly difficult thing, as it requires them to make time in their jam packed schedules. Shopping online, on the other hand, can be done from just about anywhere and can be easily fit in to just about any schedule, even if the person in question just ends up doing it while at work or even on their daily commute.
And the prevalence of same day shipping and express shipping services have had the direct effect of driving up the need for the LTL shipment. An LTL shipment by nature allows goods to be shipped quickly, instead of just when a truck is fully ready to be sent out. The LTL shipment is hugely desirable nowadays, as can be clearly seen. After all, people want to get their goods as quickly as they possibly can, especially around times of year such as the holiday season here in the United States.