Top 10 Facts about Trucking Industry in Canada & USA | Truckadium

The trucking industry is an integral part of the North American economy, facilitating the movement of goods across vast distances. The trucking industry in Canada and the United States is responsible for transporting billions of dollars worth of freight every year. Despite being a critical component of the transportation sector, there are still many interesting facts about the trucking industry that are not widely known. In this blog post, we will explore the top 10 facts about the trucking industry in Canada and the United States, providing insights into the size, scope, and impact of this essential industry. Whether you are a trucking industry professional, a logistics expert, or simply interested in learning more about this fascinating industry, this blog post is for you.

1. The trucking industry in USA is a vital component of the country’s economy, responsible for transporting goods worth over $700 billion annually. The trucking industry is the backbone of the US economy, as it is responsible for transporting a wide range of goods, including consumer products, food, and raw materials, to businesses and consumers across the country. This means that the industry plays a crucial role in ensuring that goods are delivered to retailers, manufacturers, and other businesses in a timely and efficient manner.

2. In the US, the trucking sector employs more than 7.5 million people. The trucking industry is one of the largest employers in the US, providing jobs for drivers, dispatchers, mechanics, and other support staff. The industry employs a diverse workforce, including men and women, veterans, and people from various ethnic and educational backgrounds.

3. In the US, most trucking firms are tiny operations, and most of them operate six or less trucks. The trucking industry is made up of a large number of small businesses, with most companies having a fleet of six or fewer trucks. This means that the industry is highly competitive, with many small companies competing for business with larger, well-established companies.

4. The US trucking industry is facing a shortage of drivers, with estimates suggesting a shortage of around 60,000 drivers in 2020. The shortage of truck drivers in the transportation industry is anticipated to persist in the upcoming years. This is partly due to the fact that the industry is facing an aging workforce, with many drivers nearing retirement age. Additionally, the industry is facing competition for drivers from other industries, such as construction and manufacturing.

5. The US trucking industry is regulated by the Federal Motor Carrier Safety Administration (FMCSA), which sets standards for safety and compliance. The trucking industry is heavily regulated by the Federal Motor Carrier Safety Administration (FMCSA), which is responsible for ensuring that trucking companies and drivers comply with federal safety regulations. The FMCSA sets standards for things such as driver qualifications, vehicle maintenance, and hours of service, which trucking companies and drivers must comply with.

6. In the United States, the trucking industry is accountable for carrying 72% of all freight shipments. The trucking industry is responsible for transporting a large portion of all freight in the US, with trucks accounting for 72% of all freight transported. This includes everything from consumer goods, to raw materials and hazardous materials.

7. The average truck driver in the US is over 45 years old and has been driving for over 15 years. The trucking industry has an aging workforce, with the average truck driver in the US being over 45 years old. Additionally, the majority of drivers have been driving for over 15 years. This means that the industry is facing a potential shortage of experienced drivers in the future.

8. The US trucking industry is also facing a shortage of vehicles and equipment, due to a lack of manufacturing capacity and supply chain disruptions. The trucking industry is facing a shortage of vehicles and equipment, which is partly due to a lack of manufacturing capacity and supply chain disruptions caused by the COVID-19 pandemic. This has led to increased demand for new trucks and trailers, and has caused delays in the delivery of new vehicles and equipment.

9. The use of technology such as telematics and electronic logging devices (ELDs) has increased in recent years to improve efficiency and compliance in the trucking industry. The trucking industry has been increasingly utilizing technology, such as telematics and electronic logging devices (ELDs) to improve efficiency and compliance. Telematics systems allow trucking companies to track the location and performance of their vehicles, while ELDs are used to

10. Did you know that the trucking industry in Canada and the United States is responsible for transporting more than 70% of all goods in North America? This means that without the trucking industry, North America's economy would come to a standstill, as other modes of transportation would not be able to handle the volume of goods that need to be transported across the continent. The trucking industry truly is the backbone of the North American economy.

In conclusion, the trucking industry plays an essential role in the economies of Canada and the United States, transporting goods worth billions of dollars every year. From the sheer size of the industry to the latest technological advancements, we've explored some of the most fascinating facts about the trucking industry in this blog post. Despite the many challenges that the industry faces, it continues to evolve and adapt to meet the ever-changing demands of the global economy. We hope that this blog post has provided you with valuable insights into the trucking industry in Canada and the United States and helped you to appreciate the critical role that it plays in our daily lives.