Capitalize on one of America’s largest industries by earning your commercial driver’s license with help from Oklahoma City’s Truck Training specialist, CDL University.
The United States trucking industry has grown tremendously since its early beginnings in the 20th century. A growth spurred primarily by the interstate highway system under several Federal Aid To Highways acts. The acts were passed between 1916 and 1956.
The total number of trucks in the United States increased from 700 to 158,000 between 1904 and 1915. And by the mid-1960s, the total was 12 million.
The trucking industry in the United States serves as an important lifeline between producers and consumers and generates billions of dollars in annual revenue.
While the industry has come a long way, it still remains dynamic and has changed a lot over the years.
So, what is the future of the trucking industry in the United States?
The trucking industry has witnessed a lot of changes in the past year alone. Changes include the types of trucks entering the market space, the manner in which they operate and the increasing demand for safe drivers.
There have been a few ups and downs within the past year, which has impacted the overall development within the industry. Most of these changes are due to the application of new technologies by trucking companies, which is a good thing. More trucks are now built with ‘smart technology’, which helps improve the functionality of trucks.
According to Markets Insider, the trucking industry in the United States recorded $700 billion in revenue in 2017. It has increased by 3.5% from the previous year.
According to the Annual Data Compendium from the American Trucking Associations, the revenue jumped to $796.7 billion in 2018. This revenue jump is expected to keep growing year after year.
Furthermore, The Bureau of Labor Statistics also has it that up to 5.8% of Americans are full-time truckers, which is around 7.8 million Americans. This was as of 2018. So by now, the number must have increased.
Going forward, the pricing that truckers operate is likely to increase. There are a lot of trucking companies in search of professional safe drivers. According to industry experts, the industry needs to employ at least 900,000 more drivers to meet the growing demand.
If you’ve ever wondered if trucking is a viable career route, there you’ve your answer. To become a professional truck driver, you’ll need a Commercial Driver’s License. Come to CDL University’s Oklahoma City Truck Training.
CDL University’s truck driving school offers exceptional commercial truck driver training for individuals seeking opportunities in the trucking industry.
Schedule an appointment with our enrollment specialist for more information.