The trucking industry is the lifeblood of the U.S. economy, moving nearly 70% of all freight tonnage according to the ATA and playing a central role in virtually every industry.
According to the ATA, 81 % of the total revenue earned in the shipping industry can be attributed to trucking.
The ATA expects revenue to continue to increase by 66% in 2022.
Despite being a stable and mature industry, the trucking industry is not without its internal challenges and technological changes.
With driver shortages, advances in technology, and a consumer base that demands rapid delivery at cheap prices, the trucking industry will evolve more in the next ten years than it has in the last fifty.
Here are five trends to look for in the coming years.
Trend #1 Automatic Emergency Braking
Trend #2 Electronic Stability Control
Trend #3 Driver Shortages
Trend #4 Video Event Recorders
Trend #5 Driver Incentives
The Trucking Industry continues to be a solid lynchpin in the American economy, but that isn't to say trucking is not going to change.
Peloton's driver-assisted Truck Platooning System applies vehicle-to-vehicle communications, active safety systems, vehicle control algorithms, and real-time monitoring to link pairs of trucks in aerodynamic platoons, reducing crash, maintenance and fuel costs for trucking fleets.