Despite the current weakness in demand for freight transportation services caused by the nation's recession, the long-term outlook remains bright for all modes of freight transportation, the American Trucking Associations reports in its newly released ATA U.S. Freight Transportation Forecast to 2020.
IHS Global Insight, which conducted the study for ATA, projects that by 2020 total freight tonnage will grow more than 26 percent and total freight transportation revenue will grow 68 percent.
Trucks' share of total tonnage will rise gradually from 68.8 percent in 2008 to 70.9 percent by 2020. Rail's overall share (carload plus intermodal) of total tonnage will slip slightly from 14.9 percent to 14.7 percent by 2020, according to the report. Air cargo tonnage is estimated to grow from 14.5 million tons in 2008 to 22 million tons in 2020.
"Like many other industries, trucking is experiencing a very difficult time during the current economic recession," said ATA President and CEO Bill Graves. "Yet, all signs point to a strong, vital, long-term future for our industry. Trucking exclusively serves 80 percent of all communities in the U.S. for the products and goods they receive. When the recovery begins, trucks will help lead the way."
Don't pick it to death, I'm aware of how things are, but instead join me in looking to a bright future!![]()
This is why I decided to get my CDL...
Discussion in 'Questions From New Drivers' started by wngnutmv, Jun 19, 2009.
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Always #####in and moanin about something (usually, but not always, its about something they brought upon themselves)
The truth of it is...in my opinion. The reason so many drivers have such a negative attitude is because they are driving because they feel they have no other choice.
The other few guys are the ones that do it because they really do like it...these are the nice guys you meet once in a while.
I was fixing my tarp a little better last night at the Pilot in Priceville, AL (I wasn't satisfied with how I had the back of it fixed...looked like crap) and a Western Express driver saw me workin on it and came over to talk a while. I was polite as I always am but I would have been happier if he had just stayed in his truck...all he did was complain about everything he could think of to do with Western Express. In the end, he had me thinking negatively (only for a minute though).
I agree that trucking is here to stay and that things will pick back up...but they (unhappy drivers) will still find something to complain about.
Sorry to be so long winded but I'm on a 34 hour restart...kinda bored.leannamarie, notarps4me and Hitman Thank this. -
Cuz with all this green ####. That's how I see us hauling freight in 2020. Which means there will be a crisis in the transportation industry for real.
We'll need MILLIONS of pushers -
kickin chicken Thanks this.
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and you forgot this part...
"Yet, all signs point to a strong, vital, long-term future for our industry. Trucking exclusively serves 80 percent of all communities in the U.S. for the products and goods they receive. When the recovery begins, trucks will help lead the way."
So, is your glass half full, or is your glass half empty? Geez, just trying to spread a little ray of hope in an otherwise gloomy time.leannamarie Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.