ATA issues ‘U.S. Freight Transportation Forecast to 2020’

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The American Trucking Associations has released the ATA U.S. Freight Transportation Forecast to 2020 and announced that, for the first time, it will conduct a webinar in April to review key findings and answer questions.

The forecast uses a 2008 statistical baseline and projects freight tonnage and revenue by mode to 2020, as well as the number of trucks that will be needed to move the freight. This year’s edition also includes historical data for all modes of freight dating back to 1990, and revised revenue and tonnage figures back to 2002. The live webinar, included with the purchase of the forecast, will review key data for trucking fleets, such as industrial and manufacturing output by segment and the key drivers of freight transportation.

“The forecast contains valuable information that can help our members and other trucking-related companies position themselves for success during the recovery,” says Bill Graves, ATA president and chief executive officer. “Trucking is a vital part of our nation’s economy, and this report offers keen insight into the near and long-term future of the industry.”

Bob Costello, ATA’s chief economist, says some of the questions the report and webinar will answer include:

  • How will the nation’s staggering economy shape the future of trucking?
  • Will trucking continue its growth as the dominant mode of freight transportation?
  • What is the forecast for domestic tonnage and revenue?
  • What manufacturing segments should grow, and which ones are expected to shrink?
  • What is the outlook for consumer spending as well as trade volumes?
  • “We’re looking forward to going beyond the data tables and discussing what these numbers mean to fleets and other companies involved in the industry,” Costello says. “Knowing what segments of manufacturing, for example, have the largest potential for growth over the forecast period is key for making business decisions.”

    ATA has been teaming up with IHS Global Insight to produce the forecast for more than a decade. The ATA U.S. Freight Transportation Forecast to 2020 can be purchased at www.atabusinesssolutions.com or by calling 866-821-3468. Purchase of the forecast — which is available in print, on CD or via downloadable PDF — includes participation in the webinar.