Key Takeaways
- In 2023, the U.S. trucking industry employed 3.55 million heavy and tractor-trailer truck drivers, representing about 8.2% of all transportation and material moving occupations.
- As of 2022, truck transportation accounted for 1.9 million jobs in for-hire trucking companies alone, excluding owner-operators.
- Women make up only 8.1% of the truck driving workforce in the U.S., totaling around 287,000 female drivers in 2023.
- In 2022, large truck crashes resulted in 5,887 fatalities, a 3% increase from 2021.
- 72% of large truck crash fatalities in 2022 involved passenger vehicles.
- Truck drivers were at fault in only 10% of fatal crashes involving large trucks in 2022.
- The trucking industry contributes $940 billion to U.S. GDP annually as of 2023.
- Trucking moves 72.5% of the nation's freight by value, totaling $11 trillion in 2022.
- Freight revenue for trucking reached $1.05 trillion in 2023, up 5% from 2022.
- There is a shortage of 80,000 truck drivers in the U.S. as of 2023.
- 1.9 million new drivers needed by 2030 to replace retirees.
- Only 6.5% of CDL applicants pass on first try, limiting supply.
- FMCSA hours-of-service rules limit 20% of potential driving time.
- ELD mandate compliance reached 98% of fleets by end of 2023.
- CSA scores affect 85% of carrier safety ratings in 2023.
The trucking industry faces a persistent driver shortage despite being essential to the economy.
Driver Shortage and Demographics
- There is a shortage of 80,000 truck drivers in the U.S. as of 2023.
- 1.9 million new drivers needed by 2030 to replace retirees.
- Only 6.5% of CDL applicants pass on first try, limiting supply.
- 50,000 drivers aged out annually, with slow replacement rates.
- Driver shortage costs economy $47.4 billion yearly in lost productivity.
- 78% of shippers report delays due to driver shortages in 2023 surveys.
- Training academies graduated 45,000 new drivers in 2023, short of need.
- 65% of carriers cite driver shortage as top operational challenge.
- Rural areas face 20% higher shortage rates than urban.
- Turnover costs carriers $8,000 per driver replacement in 2023.
- 3.2 million total drivers needed by 2026 per ATA projections.
- HOS rules deter 25% of potential young drivers from entering.
- Immigrant visas fill only 10% of shortage despite demand.
- Women could fill 25% of shortage if recruitment improves.
- Average driver age rose to 47 in 2023 from 46 in 2020.
- 40% of drivers plan retirement within 5 years per 2023 poll.
- CDL holders total 4.1 million, but only 3.55 million active.
- Regional shortages worst in Midwest, 30% above national average.
- Pay incentives reduced shortage by 10% in adopting fleets.
- 15,000 drivers sidelined by medical disqualifications yearly.
- Gig economy platforms onboarded 20,000 flex drivers in 2023.
- Black drivers represent 12% of workforce, recruitment up 5%.
- ELD mandate increased shortage perception by 15% among drivers.
- Apprenticeship programs trained 10,000 youths in 2023.
Driver Shortage and Demographics Interpretation
Economic Impact Statistics
- The trucking industry contributes $940 billion to U.S. GDP annually as of 2023.
- Trucking moves 72.5% of the nation's freight by value, totaling $11 trillion in 2022.
- Freight revenue for trucking reached $1.05 trillion in 2023, up 5% from 2022.
- The industry supports 26 million jobs across the supply chain in 2023.
- Average freight tonnage hauled by trucks was 11.2 billion tons in 2022.
- Operating costs per mile averaged $2.35 for truckload carriers in 2023.
- Fuel expenses account for 28% of total trucking operating costs in 2023.
- Trucking pays $68.5 billion in federal and state highway taxes annually.
- E-commerce drove a 15% increase in last-mile delivery spending to $150 billion in 2023.
- Truckload linehaul rates averaged $2.10 per mile in Q4 2023.
- Driver wages rose 9.2% year-over-year to $0.67 per mile in 2023.
- Insurance costs for carriers averaged $12,000 per truck annually in 2023.
- Maintenance costs per mile hit $0.18 in 2023 due to parts shortages.
- Empty miles decreased to 16.7% of total miles in 2023, saving $20 billion.
- Trucking exports supported $250 billion in international trade in 2022.
- LTL revenue grew to $90 billion in 2023, 8% YoY increase.
- Deregulation since 1980 boosted industry productivity by 60% per truck.
- Pandemic recovery added $100 billion to trucking revenue in 2022.
- Accessorial charges generated $50 billion in additional revenue in 2023.
- Repair costs averaged $18,000 per breakdown for Class 8 trucks in 2023.
- Tolls cost truckers $60 billion annually across U.S. highways.
- Capacity utilization improved to 98% in peak seasons of 2023.
- Broker margins averaged 15% on $800 billion spot market volume in 2023.
- Regulatory compliance costs $15 billion yearly for the industry.
Economic Impact Statistics Interpretation
Employment Statistics
- In 2023, the U.S. trucking industry employed 3.55 million heavy and tractor-trailer truck drivers, representing about 8.2% of all transportation and material moving occupations.
- As of 2022, truck transportation accounted for 1.9 million jobs in for-hire trucking companies alone, excluding owner-operators.
- Women make up only 8.1% of the truck driving workforce in the U.S., totaling around 287,000 female drivers in 2023.
- The median age of U.S. truck drivers is 46 years old, with 42% of drivers aged 55 or older as of 2023.
- Entry-level truck drivers earned a median wage of $48,310 annually in 2023, while experienced drivers averaged $62,000.
- Unionized truck drivers represent less than 20% of the workforce, primarily in less-than-truckload (LTL) segments.
- Over 70% of U.S. truck drivers are classified as company drivers, with 30% operating as owner-operators in 2022.
- The trucking industry added 15,000 new jobs in the fourth quarter of 2023, a 0.4% increase quarter-over-quarter.
- Hispanic or Latino truck drivers comprise 18.5% of the total workforce, approximately 657,000 individuals in 2023.
- Full-time truck drivers work an average of 3,000 hours per year, 20% more than the national average for all occupations.
- In 2023, 12% of truck drivers held associate degrees, while 5% had bachelor's degrees or higher.
- The turnover rate for long-haul truck drivers reached 94% annualized in 2022, highest among industry segments.
- Short-haul drivers had a turnover rate of 44% in 2023, compared to 90%+ for over-the-road drivers.
- 65% of truck drivers report job satisfaction levels above 7/10, citing independence as a key factor in 2023 surveys.
- Veteran employment in trucking reached 250,000 drivers in 2023, or 7% of the workforce.
- The industry trained 50,000 new CDL holders through company-sponsored programs in 2023.
- Part-time truck driving jobs grew by 8% year-over-year to 150,000 positions in 2023.
- 22% of truck drivers are self-employed owner-operators, generating $100 billion in revenue annually.
- Midwest region employs 28% of all U.S. truck drivers, totaling nearly 1 million in 2023.
- Night shift truck drivers earn 15% premium pay, averaging $55,000 annually in 2023.
- 9.5% of truck drivers are under 25 years old, indicating a youth influx of 10,000 annually.
- LTL carriers employ 450,000 drivers, 24% of the total workforce in 2023.
- Average tenure for truck drivers is 5.2 years, with 30% staying over 10 years.
- 75,000 truck drivers retired in 2023, exacerbating workforce aging issues.
- Team drivers, numbering 200,000, cover 60% of long-haul miles in 2023.
- Benefits coverage includes health insurance for 85% of company drivers in 2023.
- Overtime pay constitutes 25% of total earnings for 40% of drivers.
- 1.2 million truck drivers operate in intrastate commerce exclusively in 2023.
- Foreign-born drivers make up 15% of the workforce, or 532,500 individuals.
- Job openings for truck drivers stood at 240,000 unfilled positions in Q4 2023.
Employment Statistics Interpretation
Regulations and Operations
- FMCSA hours-of-service rules limit 20% of potential driving time.
- ELD mandate compliance reached 98% of fleets by end of 2023.
- CSA scores affect 85% of carrier safety ratings in 2023.
- Out-of-service rates for brakes dropped to 22% in 2023 inspections.
- IFTA fuel tax reporting processed 50 million quarterly filings in 2023.
- Drug testing positive rates for truck drivers at 1.8% in 2023.
- Entry-level driver training (ELDT) mandated for 100,000 new CDLs in 2023.
- Speed limiters proposed for trucks under 65 mph on highways.
- Cargo securement rules enforced in 25% of roadside inspections.
- Medical certification renewals totaled 2.5 million in 2023.
- IRP apportioned plates issued to 750,000 trucks in 2023.
- Unified Carrier Registration (UCR) fees collected $30 million in 2023.
- 34-hour restart option used by 60% of long-haul drivers weekly.
- Pre-employment screening program (PSP) accessed 1 million times in 2023.
- Hazmat endorsements require 500,000 background checks annually.
- Oversize/overweight permits issued 10 million times in 2023.
- Drug & alcohol clearinghouse queries hit 15 million in 2023.
- State-specific logbook audits conducted 50,000 times in 2023.
- FMCSA electronic logging device exemptions granted to 5,000 carriers.
- Driver qualification files reviewed in 30% of compliance audits.
- Short-haul exemption under 150 air-miles used by 40% of drivers.
- Universal Life Saving Axle (ULSA) weight limits increased to 88,000 lbs in some states.
- CVSA International Roadcheck inspected 40,000 trucks over 3 days in 2023.
- Entry control point (ECP) stops numbered 20,000 in border operations.
- 16-hour driving window activated 1.2 million times under adverse conditions.
Regulations and Operations Interpretation
Safety and Accident Statistics
- In 2022, large truck crashes resulted in 5,887 fatalities, a 3% increase from 2021.
- 72% of large truck crash fatalities in 2022 involved passenger vehicles.
- Truck drivers were at fault in only 10% of fatal crashes involving large trucks in 2022.
- There were 471,000 large truck crashes in 2022, injuring 107,000 people.
- Rollover crashes accounted for 22% of large truck occupant fatalities in 2022.
- Drowsy driving contributed to 13% of large truck crashes in 2022 FMCSA data.
- Speeding was a factor in 29% of large truck fatal crashes in 2022.
- 4,000 truck drivers were killed in crashes in 2022, mostly in multi-vehicle incidents.
- Intersection-related crashes made up 45% of large truck accidents in 2022.
- Alcohol impairment was present in 3% of large truck drivers in fatal crashes in 2022.
- Rear-end crashes represent 30% of all large truck incidents, per 2022 data.
- ELDs reduced crash rates by 7% in fleets adopting them post-2017 mandate.
- Seatbelt usage among truck drivers reached 98% in fatal crashes in 2022.
- Cargo securement violations led to 1,500 crashes in 2022 inspections.
- Hours-of-service violations cited in 15% of post-crash inspections in 2022.
- Nighttime crashes account for 52% of large truck fatalities despite 25% of miles driven.
- Brake-related defects caused 29% of truck mechanical failure crashes in 2022.
- Distracted driving factored into 8% of large truck crashes in 2022.
- Urban areas saw 60% of large truck injury crashes in 2022.
- Jackknife accidents comprised 12% of large truck crashes in 2022.
- Weather-related crashes affected 5% of large truck incidents in 2022.
- 85% of truck crash costs, totaling $91 billion, stem from property damage in 2022.
- CSA scores improved safety by reducing out-of-service rates by 20% in 2022.
- Motorcycle-truck crashes resulted in 600 fatalities in 2022.
- Tire blowouts caused 10,950 crashes involving large trucks in 2022.
- Pre-trip inspections prevented 25% of potential mechanical crashes in 2022 fleets.
Safety and Accident Statistics Interpretation
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