All Truck Transportation Recovery Points to Signs of National Recovery

  • All Truck Transportation Recovery Points to Signs of National Recovery

    The economy’s historic tanking in 2008 is still being felt, but many industries, including all truck transportation, are starting to see the light at the end of the collapse. Federal Reserve Bank officials said the recession officially ended in June 2009, but tell that to drivers and transportation companies and it will fall on deaf ears.

    All truck transportation companies are finally seeing their numbers rise steadily, which means Americans are getting back into their consumerist ways – buying products, which means more trucks are running more routes with more goods in their trailers.

    But there has to be proper infrastructure in place to keep the trucking lanes running smooth. Many state legislatures have transportation at the top of their list of priorities, but when money was tight, roads took a hit. Another reason all truck transportation is looking good is because states are finally laying down more roads to communities that need better routes for all truck transportation. At the same time, a lack of growth in the railway industry shows that more and more companies are choosing all truck transportation to deliver their goods. With fewer railway options, companies that want to expand business will have no other choice than to choose the trucking industry to reach out to more communities.

    Truckers are very familiar with supply and demand, and at the moment, there aren’t enough drivers to fill the need that all truck transportation companies are seeing. Qualified drivers are in short order throughout the country, which means that the drivers with experience are able to demand more for the services they render. Going hand-in-hand with the shortage of drivers is the shortage of qualified instructors to mentor rookies. Experts in the trucking industry believe that the expected growth in the instruction area will continue for years. Experts also consider these positions to be valuable with a salary that mirrors that value.

    A common phrase in the trucking industry is that “the nation moves on trucks.” Nearly 70 percent of all cargo is moved on trucks. The American Trucking Association saw massive growth in early 2012 and has seen a consistent 10.5 percent growth. The biggest growth in tonnage occurred between 2010 and 2011 when there was a nearly six percent jump, the largest percentage in more than 10 years. It’s clear that the trucking industry is recovering, a sure sign that the entire nation is coming out from behind the dark cloud of recession.

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