Whether you’re just wondering how freight gets to a warehouse or you work for an aerospace logistics company, there is a lot to learn about the U.S. transportation industry. Here are some little-known facts.
There’s More Than One Way To Transport Freight
Less than truckload shipping or less than load is a way of transporting small freight. It’s relatively cheaper and is considered a much safer alternative to regular shipping methods. The three most valuable commodities moved by the U.S.s freight transportation system include electronics, machinery, and motorized vehicles. Although not all of those items may be eligible for ltl shipping, it’s imperative that they stay safe during shipping. Ltl freight services are the perfect way to safely move small freightWhether you’re just wondering how freight gets to a warehouse or you work for an aerospace logistics company, there is a lot to learn about the U.S. transportation industry. Here are some little-known facts.
There’s More Than One Way To Transport Freight
Less than truckload shipping or less than load is a way of transporting small freight. It’s relatively cheaper and is considered a much safer alternative to regular shipping methods. The three most valuable commodities moved by the U.S.s freight transportation system include electronics, machinery, and motorized vehicles. Although not all of those items may be eligible for ltl shipping, it’s imperative that they stay safe during shipping. Ltl freight services are the perfect way to safely move small freight and could one day eliminate the need to ship oversize freight.
The U.S. Transportation Industry Is Bigger Than You May Think
When you consider the fact that according to the Federal Motor Carrier Safety Administration, almost 5.9 million commercial motor vehicle drivers operate in the United States, you may start to realize the immense size of the U.S. transportation industry. Spending in the industry totaled $1.48 trillion in 2015 and made up 8% of the annual gross domestic product that year. These figures add up to the fact that the movement of freight in the U.S. is one of the most lucrative industries in the country.
On top of that, more are more companies now rely on intermodal transportation, which can include cargo transportation by rail, by plane, overseas jets, or container shipping.
E-commerce Has Changed The Shipping Industry For Good
The ability to buy something and have it arrive at your house in a few short days is a new and amazing concept. In the past, it was almost impossible to acquire certain items without making a trip to the store. Now, it’s as easy as clicking a button. What you may have not considered is the fact that e-commerce has altered the path of shipping goods forever. E-commerce revenue in the U.S. is about $423.3 billion and is steadily climbing. Whether it’s full truckload, parcel, or less-than-truckload, carriers are being forced to adjust to changes in the retail industry. It will take some time for the industry as a whole to catch up to the speed at which e-commerce is growing.
So again, remember if you’re either an aerospace logistics genius or a novice freight enthusiast, there is so much to learn when it comes to the U.S. transportation industry. What was your favorite fact? Let us know in the comments!
