Facts On Industrial Machinery Transport Services
The industry of industrial machinery transport services is one of great importance in the United States. In terms of day to day activities, people order so many items online. Furthermore, understand that there are so many large businesses that make big orders that rely on transport services to get them their items.
Specialty freight service and LTL shipping are two huge aspects the shipping industry. The LTL market is currently projected to be at nearly $35 billion in terms of value. If you do not know what LTL stands for, it means less than truckload Nadi it is a huge aspect of industrial machinery transport services.
Trade shows are held in conventions centers all across the United States. As of October 2016, there were 252 convention centers across the country. California and Florida had the largest number of 20 locations each, followed by Nevada which had 19. These types of trade shows are known for industrial machinery transport services.
In the year of 2013, trucking helped to transport and move nearly 15 billion tons of cargo equipment. The Bureau of Labor Statistics reported that by the time we reach the year 2040, this number could possibly increase to nearly 18.79 billion tons. So there is no doubt that industrial machinery transport services have grown to be a big part of shipping and transportation in the United States.
The President of SJ Consulting Group, Satish Jindal, has revealed that the average length of haul has managed to decrease over the past couple of years. This means that according to the information from the public truckload carriers report, the average length of haul has managed to decrease by nearly 4% between the years of 2011 and 2016. According to the U.S. Department of Transportation, the value of freight moved is expected to increase from $882 per ton in 2007 to $1,377 per ton in 2040.
Across the nation, there are nearly 12 million trucks, rail cars, locomotives, and vessels that move goods all over the transportation network. There are nearly 6 million commercial motor vehicle drivers operating across the United States. This information comes from a reliable source in the form of the Federal Motor Carrier Safety Administration.
The revenue of e-commerce in the United States has managed to reach nearly $423 billion and many experts believe that it is still going to continue to climb over the next couple of years. So many carriers and industrial machinery transport services are having to adjust to the changes of the modern world and this is absolutely essential for these types of businesses to keep up with the shipping demands of the average American.
The United States freight transportation system moves plenty of different kinds of commodities of value. The three most common items moved by the freight transportation system include machinery, electronics, and motorized vehicles. This is why industrial machinery transport services are so important to the United States and all of the consumers within.
In the United States, it has been determined that the industry of transportation and logistics is a huge deal. As a matter of fact, spending in the industrial machinery transport services managed to reach nearly $1.5 trillion in the year of 2015. Furthermore, this $1.5 trillion in that year managed to represent nearly 8% of the annual gross domestic product.
Every single year, the shipping industry will continue to grow. The industrial machinery transport services are only going to increase and grow because more and more people are using these types of shipping services. This is on top of the fact that so many businesses across the nation are using these types of services as well.