PORTLAND, OR , Aug. 20, 2014 (RISI) -
According to Forecast, a collaboration between American Trucking Associations (ATA) and IHS Global Insight, overall freight tonnage will grow 23.5% from 2013 to 2025 and freight revenues will surge 72%. Trucking's share of freight tonnage will grow from 69.1% in 2013 to 71.4% in 2025.
Truckload volume will grow 3.5% a year through 2019, then 1.2% annually from 2020 to 2025; however, truckload carriers will make greater use of intermodal rail for intermediate- and long-distance hauls. Rail intermodal tonnage will grow 5.5% annually through 2019 and 5.1% a year through 2025.
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