Industry News

ATA U.S. Freight Transportation Forecast

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The ATA has released its U.S. Freight Transportation Forecast to 2023 and the forecast is positive! Freight tonnage is expected to increase 21% by 2023, with revenue up 59%.   Of those numbers trucking will have 69.6% of the tonnage and 81.7% of the freight revenue.  Rail carriers’ overall share of tonnage will fall to 15% in 2023 from the 15.7% in the baseline year of 2011 but intermodal tonnage will rise.  Domestic waterborne transit is also expected to see some modest growth.

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