The transportation industry is certainly one of considerable importance here in the United States. After all, the kinds of goods that are moved around by this industry play a key and critical role in the day to day lives of many – even if only in an indirect way. For instance, electronics, machinery, and motor vehicles make up the three most valuable products that are shipped throughout the United States. All three of these things impact the average person quite greatly. Even electronics, as most of us well know, have become a hugely important part of life, from our phones to our computers to smart home technologies and even more.
Trade show shipments have also become hugely important. After all, there are now more than 250 convention centers found in the United States alone, with 20 in both the state of California as well as in the state of Florida (Nevada follows closely behind with 19). Trade shows themselves are hugely valuable from a marketing perspective, something that up to 99% of currently working marketing professionals agree about. Therefore, it makes sense that trade show freight shipping has become more in demand than ever before. In the years that are ahead of us, we are likely to continue to see an uptick in the rates of trade show freight shipping services and trade show logistics on the whole.
Other types of truckload shipping rates have also become more relevant than ever. Less than truckload shipping rates provide a great example of this. Information on less than truckload shipping rates is more in demand than ever, largely thanks to the growth of e-commerce not just here in the United States, but all throughout the world. Of course, e-commerce is booming in America, bringing in more than $420 billion in total revenue on a yearly basis – a value that is only expected to continue to climb at an exponential rate. Less than truckload shipping rates and prices, therefore, have become more in demand than ever before.
In addition to more and more inquiries about less than truckload shipping rates and prices, inquiries into expedited shipping services are also on the rise as a result of the growth of e-commerce. After all, people want to get their products as quickly as they possibly can, making expedited trucking more essential than ever before. Together, LTL shipping and expediting trucking services are hugely important indeed. The market for LTL shipping alone, as a matter of fact, is already worth more than $30 billion (sitting at around $35 billion as of the current date). The values of these offshoots of the transportation industry are only likely to continue to grow in the years that are ahead of us, of this there is little doubt.
Growth, after all, has been seen in a number of different ways throughout the transportation industry. For one thing, the overall value of freight is on the rise. Back in the year of 2013, the value of a ton of cargo was only around $880 per ton. But by the time that we reach the year of 2040, now just two decades ahead of us in our future, that number is expected to rise to the point of exceeding $1,300 per ton. And who knows how high it will climb from that point onward? This just goes to show the value behind truckload shipping rates.
And still there is more growth seen in other areas of the transportation industry (including truckload shipping rates, as you might have already guessed). The actual amount of cargo being transported has also increased impressively, up already from the 15 billion tons that were being transported in that same year of 2013. But, again, this number is expected to swell by the time that we reach the year of 2040, climbing to more than 18 billion tons of cargo – nearly 19 billion tons of cargo, as a matter of fact – per year. And again, this amount is likely to continue climbing even past this point.
From truckload logistics to less than truckload shipping rates, many things are changing in the transportation industry here in the United States.