$726B
1.7M
10.5B
16K
3M
Annual gross revenue of the US freight trucking industry
Number of US manufacturing, wholesale & retail establishments that need goods moved
Tons of freight moved annually in the US
3.4M
Truck drivers in the US - and we still have a huge driver deficit
Class 8 (18 wheeler) semi-trucks in the US
532K
Carrier (truck fleets) in the US
1.2M
Estimated number of businesses supporting the US trucking industry
$50B
In annual commission revenue generated by traditional freight brokers & 3PLs
8.1%
Percent of GDP that the trucking industry represents
- MARKET SIZE
- INDUSTRY STATS
40%
% of volatility that line haul spot rates can swing in a single week
- PAIN POINTS
400M
Class 8 (semi truck) freight shipments per year
Typical gross margin for traditional freight brokers & 3PLs
20%
100%
Truck driver turn over annually at most carriers
16%
Potential truck capacity loss due to impending ELD mandate
Staggering stats that everyone should know
Freight brokers & 3PLs brokering shipments between shippers & carriers