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Industry

Trucking Industry

Industrials

The global industry that moves raw materials, work in process and finished goods over land by truck, carrying merchandise from manufacturers to retail distribution points and supporting construction with specialized vehicles such as dump trucks and concrete mixers. In the United States, where trucks handle the majority of domestic freight and the industry employs approximately 10 million workers, more than 80 percent of communities depend exclusively on trucking to receive fuel, medicine, clothing and consumer goods, summed up in the industry saying that if you bought it, a truck brought it. The industry is highly fragmented, with 93 percent of interstate carriers operating 20 or fewer trucks and even the largest firms, such as J.B. Hunt, YRC Worldwide and FedEx, each controlling only around 2.5 percent of the market, and it contributes roughly 5 percent of United States gross domestic product directly, operating under safety regulation from the Federal Motor Carrier Safety Administration and highway oversight from the Federal Highway Administration.

Facts
Sector
Freight transport 1
Trucking Industry
Filter Results3 entries
FAQs

How much of United States freight do trucks carry?

More than 72 percent of domestic freight tonnage in 2024, about 11.27 billion tons.

According to the American Trucking Associations, trucks moved 11.27 billion tons of freight in 2024, which was more than 72 percent of all domestic freight tonnage in the United States. That was down slightly from the 11.41 billion tons hauled the year before.

Is the trucking business made up mostly of small companies?

Yes, about 91.5 percent of carriers run 10 or fewer trucks.

Yes. The American Trucking Associations reports that in 2024 about 91.5 percent of carriers operated 10 or fewer trucks and 99.3 percent operated fewer than 100 power units. The industry is therefore mostly small businesses rather than a few large fleets.
Connections

Associated With

Source Wikipedia: Franz Saurer
Source Wikipedia: Mark Pigott
Owner-Operator, Business Models

Owner-operator is the trucking industry own standard term for a driver who owns the truck they drive and contracts their hauling services independently rather than as a company employee.

Source Wikipedia: T.A. Peterman

Companies In Industry

Source Wikipedia: Autocar Company
Source Wikipedia: Kenworth
Source Wikipedia: MAN Truck & Bus
Source Wikipedia: Paccar
Source Wikipedia: Peterbilt
Source Wikipedia: Saurer
Source Wikipedia: Scania AB
Source Wikipedia: Traton

In Sector

Industrials, Sectors
Additional Source Wikipedia: Global Industry Classification StandardGICS: Ground Transportation
Sources
1. Wikipedia, Road transport
Wikipedialead section
Quote, lead section
Road transport or road transportation is a type of transport using roads. Transport on roads can be roughly grouped into the transportation of goods and transportation of people.
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Wikipedia: Global Industry Classification Standard
WikipediaIn Sector: Industrials, GICS: Ground TransportationView the Source
Wikipedia: MAN Truck & Bus
Companies In Industry: MAN Truck & Bus, Lead
Quote, Companies In Industry: MAN Truck & Bus, Lead
Headquartered in Munich, Germany, MAN Truck & Bus produces vans in the range from 3.0 to 5.5 t gvw, trucks in the range from 7.49 to 44 t gvw, heavy goods vehicles up to 250 t road train gvw, bus-chassis, coaches, interurban coaches, and city buses.
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Wikipedia: Autocar Company
Companies In Industry: Autocar Company, Lead: operates-in
Quote, Companies In Industry: Autocar Company, Lead: operates-in
The Autocar Company is an American specialist manufacturer of severe-duty, Class 7 and Class 8 vocational trucks, with its headquarters in Birmingham, Alabama.
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Wikipedia: Saurer
Companies In Industry: Saurer, Lead: operates-in
Quote, Companies In Industry: Saurer, Lead: operates-in
Adolph Saurer AG was a Swiss manufacturer of embroidery and textile machines, trucks and buses under the Saurer and Berna (beginning in 1929) brand names.
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Wikipedia: Traton
Companies In Industry: Traton, Lead: operates-in
Quote, Companies In Industry: Traton, Lead: operates-in
Traton SE, known as the Traton Group (formerly Volkswagen Truck & Bus AG), is a subsidiary of the Volkswagen Group and one of the world's largest commercial vehicle manufacturers, with its Scania, MAN, International, Volkswagen Truck & Bus, IC Bus and Neoplan brands.
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Wikipedia: Scania AB
Companies In Industry: Scania AB, Lead: operates-in
Quote, Companies In Industry: Scania AB, Lead: operates-in
Scania AB ( SKAN-ee-ə, Swedish: [ˈskɑ̌ːnɪa]), stylised SCANIA, is a Swedish manufacturer of heavy trucks, buses and engines headquartered in Södertälje, Sweden.
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Wikipedia: Kenworth
Companies In Industry: Kenworth, Lead: operates-in
Quote, Companies In Industry: Kenworth, Lead: operates-in
Kenworth Truck Company is an American truck manufacturer.
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Wikipedia: Peterbilt
Companies In Industry: Peterbilt, Lead: operates-in
Quote, Companies In Industry: Peterbilt, Lead: operates-in
Peterbilt Motors Company is an American truck manufacturer specializing in the production of heavy-duty (Class 8) and medium-duty (Classes 5-7) commercial vehicles.
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Wikipedia: Paccar
Companies In Industry: PACCAR, Lead: operates-in
Quote, Companies In Industry: PACCAR, Lead: operates-in
(stylized as PACCAR) is an American company that manufactures heavy-duty trucks.
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Wikipedia: Mark Pigott
Associated With: Mark Pigott, Lead: associated-with industry
Quote, Associated With: Mark Pigott, Lead: associated-with industry
He has been executive chairman of Paccar since April 2014.
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Wikipedia: Franz Saurer
Associated With: Franz Saurer, Lead: associated-with industry
Quote, Associated With: Franz Saurer, Lead: associated-with industry
Franz Saurer (October 3, 1806, November 28, 1882) was a German-born Swiss industrialist who founded the company which ultimately became the Adolph Saurer concern.
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Wikipedia: T.A. Peterman
Associated With: T. A. Peterman, Lead: associated-with industry
Quote, Associated With: T. A. Peterman, Lead: associated-with industry
Peterman, short for Theodore Alfred "Al" Peterman, was the founder of Peterbilt Motors Company.
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