Are you looking to add Freight Management to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Freight Management statistics of 2024.
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On this page, you’ll learn about the following:
Best Freight Management Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 38 Freight Management Statistics on this page 🙂Freight Management Latest Statistics
- Estimated Average Daily FAF Volumes for Trucks on National Highway System 2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Farm Products Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Food, Beverage and Tobacco Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Solid Stone, Sand, Gravel and Ores Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Liquid and Gases Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Chemicals Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Logs and Other Wood Products Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Waste and Scrap on National Highway System2017 PDF 2.6 MB). [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Consumer Manufacturing Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Durable Manufacturing Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Durable Manufacturing Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Motorized and Other Vehicles Commodities on National Highway System2017. [0]
- Estimated Average Daily FAF Volumes for Trucks Carrying Mixed Freight on National Highway System2017. [0]
- Estimated Annual FAF Tonnage Flow for Trucks Carrying Waste and Scrap on National Highway System 2017. [0]
- Employment of logisticians is projected to grow 30 percent from 2020 to 2030, much faster than the average for all occupations. [1]
- Newsroom North American Transborder Freight up 17.3% in 2024. [2]
- According to the Council of Supply Chain Management Professionals’ 2020 State of Logistics Report, businesses in the U.S. spent $1.63 trillion on logistics costs in 2019.i. [3]
- That number represented 7.6% of the total 2019 U.S. GDP, which was $21.43 trillion.ii. [3]
- Trucks carried 60.8% of all freight by weight in 2018.vi. [3]
- According to the Department of Transportation’s Bureau of Transportation Statistics, trucks are the primary mode for moving freight less than 1,000 miles. [3]
- When you include those employed in jobs related to trucking activity, that number rises to 7.95 million—about 5% of the entire employed population in the U.S.ix. [3]
- If you’re curious about the makeup of those 3.6 million truck drivers, Census Bureau data shows that they’re Largely men; more than 90%, in fact. [3]
- Twice as likely to be veterans when compared to the workforce average as a whole.x Finally as it moved tons of billions of freight in 2019, the trucking industry generated $791.7 billion in gross freight revenues. [3]
- Although about 630 railroads operate within the U.S., these seven account for 88% of employees and 94% of total revenue.xii. [3]
- There’s one port that dominates the Port of Los Angeles, which handles 20% of all incoming cargo for the U.S. xix. [3]
- Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2024, region from 2016 to 2024, and global price from 2016 to 2027. [4]
- By 2040, imports and exports are expected to account for 19% of the tons and 31% of the value. [5]
- Trucks move 84% of freight less than 750 miles on average. [5]
- Freight moved more than 2,000 miles accounts for less than 2% of total tonnage. [5]
- About 50% of all trucks usually travel to destinations within 50 miles of their origin. [5]
- Rail transport accounts for 37% of freight moved between 750 and 2,000 miles. [5]
- Trucks hauling semi trailers accounted for about 63% of commercial truck travel in 2011. [5]
- The top 10 commodities shipped by weight are made up of bulk products and accounted for 64% of the total tonnage moved in 2013. [5]
- More than 70% of the nation’s coal moves by rail. [5]
- Flammable liquids account for around 66.5% of hazardous material shipments in 2012. [5]
- Rail moves 58% of the United States’ raw metal ores. [5]
- Gases account for about 10.8% of shipped hazardous materials in 2012. [5]
- Rail moves 30% of the United States’ grain. [5]
I know you want to use Freight Management Software, thus we made this list of best Freight Management Software. We also wrote about how to learn Freight Management Software and how to install Freight Management Software. Recently we wrote how to uninstall Freight Management Software for newbie users. Don’t forgot to check latest Freight Management statistics of 2024.
Reference
- dot – https://ops.fhwa.dot.gov/freight/freight_analysis/nat_freight_stats/index.htm.
- bls – https://www.bls.gov/ooh/business-and-financial/logisticians.htm.
- bts – https://www.bts.gov/.
- approvedforwarders – https://www.approvedforwarders.com/freight-logistics-statistics/.
- digitaljournal – https://www.digitaljournal.com/pr/freight-management-system-market-size-2024-latest-business-opportunities-growth-statistics-industry-share-upcoming-trends-demand-analysis-top-leading-players-strategies-ceva-logistics-descarte.
- freightquote – https://www.freightquote.com/blog/20-fascinating-freight-shipping-statistics/.
How Useful is Freight Management
One of the key benefits of freight management is its ability to enhance operational efficiency. By utilizing advanced technology and software solutions, businesses can closely monitor and track their shipments in real-time, ensuring timely deliveries and minimizing delays. With the ability to quickly identify and address any potential issues that may arise during transportation, companies can proactively manage their supply chains and maintain high levels of customer satisfaction.
In addition to improving operational efficiency, freight management also plays a crucial role in cost savings. By consolidating shipments, optimizing transportation routes, and negotiating competitive rates with carriers, businesses can significantly reduce their shipping costs. This, in turn, helps organizations remain competitive in the market, increase profitability, and allocate resources more efficiently to other areas of their operations.
Furthermore, freight management allows companies to make data-driven decisions. By analyzing various metrics and key performance indicators, businesses can gain valuable insights into their supply chain operations, identify areas for improvement, and implement strategies to enhance overall efficiency. With the ability to access real-time data on shipments, delivery times, and carrier performance, organizations can better optimize their supply chains and make informed decisions that drive success.
Another significant benefit of freight management is its ability to enhance supply chain visibility. By having a centralized platform that provides real-time tracking and monitoring of shipments, businesses can have a clear understanding of the status of their freight at any given time. This improved visibility helps organizations proactively address any issues that may arise during transportation, enabling them to respond quickly, minimize disruptions, and ensure on-time delivery of goods to customers.
In conclusion, freight management plays a critical role in the success of businesses across various industries. By improving operational efficiency, reducing costs, driving informed decisions, and enhancing supply chain visibility, companies can gain a competitive edge, deliver better service to their customers, and ultimately achieve long-term success. As the global economy continues to evolve, the importance of effective freight management will only continue to grow, making it essential for businesses to invest in advanced technologies and solutions to optimize their supply chain operations.
In Conclusion
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