The Trucking Industry Continues to Thrive in 2014

Despite a number of economic ups and downs throughout the past decade, the trucking industry has remained strong. In fact, 2014 was one of the best years yet for the industry and just about every indication shows that it will continue to thrive in the future. In fact, across the country several sectors have seen a rebound this year, which is good news for everyone. As far a trucking goes, companies are not only operating at full capacity, but they are regularly expanding their fleets.

The American Trucking Association believes that not only will truckload volumes increase by 3.2% every year through 2018, but they are also projecting an increase in the industry’s overall share of domestic shipments. As this population only continues to go, this is a strong sign that more people than ever before are using trucking services to ship their goods.

Things haven’t been perfect. An increase in regulations over the past few years have slowed down some progress, but there is hope that lawmakers will allow an increase in truck carrying capacity among other changes. If companies work closely with lawmakers, there is a good chance that together they can keep the industry on its clear path to success.

With 2014 coming to a close, we would like to reflect back on another successful year at Speed Global Services. We are thrilled that the industry as a whole is seeing success, and we can’t wait to see what the coming years bring. Keep checking back with our blog throughout 2015 and beyond for more news and updates regarding the future of trucking!