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
Freight management involves the coordination and optimization of the movement of goods from point A to point B. This includes selecting the most cost-effective and efficient transportation mode, negotiating with carriers, tracking shipments in real-time, and managing any potential disruptions that may arise along the way. Essentially, freight management is about ensuring that goods reach their destination on time, in good condition, and at the lowest possible cost.
One of the key benefits of effective freight management is improved visibility and transparency throughout the supply chain. By having a centralized system in place to track and monitor shipments, businesses can have a better understanding of where their goods are at any given time, as well as any potential issues that may arise. This real-time data allows businesses to make informed decisions quickly, whether it’s rerouting a shipment to avoid a traffic jam or expediting the delivery of a critical order.
Furthermore, effective freight management can lead to cost savings for businesses. By optimizing transportation routes, consolidating shipments, and negotiating favorable rates with carriers, businesses can reduce their overall shipping costs significantly. In addition, better management of warehouse operations, such as proper inventory control and accurate demand forecasting, can further contribute to cost savings by minimizing excess inventory and reducing storage expenses.
Another significant advantage of freight management is the ability to improve customer satisfaction. By ensuring that goods are delivered on time and in good condition, businesses can enhance their reputation and build customer loyalty. Happy customers are more likely to return for repeat purchases and recommend the business to others, leading to increased sales and profitability in the long run.
Moreover, freight management can also help businesses stay competitive in the market. In today’s fast-paced and dynamic business environment, agility and efficiency are essential for success. By streamlining the supply chain through effective freight management, businesses can reduce lead times, improve order accuracy, and adapt quickly to changing customer demands. This competitive edge can make a significant difference in a business’s ability to not only survive but thrive in a crowded marketplace.
In conclusion, freight management is a critical component of a successful supply chain and can offer a multitude of benefits to businesses of all sizes. From improving visibility and transparency to reducing costs and enhancing customer satisfaction, effective freight management can be a game-changer for businesses looking to stay ahead of the competition. As the world becomes more interconnected and complex, investing in robust freight management strategies is no longer a choice but a necessity for long-term success.
In Conclusion
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