Welcome news for the trucking sector saw a healthy increase of 2.7% in for-hire truck tonnage for the month of May across the United States. A promising month of growth on the back of two straight months of small decreases.
Since the end of the recession, one of the indexes that we watch closely for the hot shot trucking sector specifically and the economy, in general, is the growth of manufacturing within the United States. Improvements in the manufacturing, construction and retail sectors each help growth in the demand for urgent freight and hot shot services.
A recent report released by the American Trucking Association as part of their 2015 "American Trucking Trends" revealed that the nationwide trucking industry saw good growth in 2014 reaching an all-time revenue peak of just over $700 billion