In the last few years, fast delivery services have been redefined. And in a time when it is possible to get nearly anything you want in just a couple of days, there are plans in place to be able to deliver to customers by 6:00 pm what they have ordered by noon the same day, there will be a new way to define expedited freight.
From pharmaceuticals transportation to specialty freight services for large pieces of equipment, the transportation industry is an important part of many of parts of the lives that we life. Foods that we eat, clothes that we wear, and materials that we build with are all transported to us. In fact, the latest projections according to the U.S. Department of Transportation are that the value of freight moved is expected to increase from the $882 per ton in 2007 to $1,377 per ton in 2040.
Expedited Freight Companies Help Many Industries Get Products to Their Customers
As consumers, we expect to find the goods that we want on the grocery store shelves when we walk in with our list. We also expect a two delivery on the majority of the items that we order online. Truckload carriers and international shipping systems alike help make sure that companies are able to deliver the goods that they need when they need them:
Consider some of these facts and figures about the transportation industry and the impact that it has on the nation’s and the world’s economy:
- 12 million trucks, rail cars, locomotives, and ocean vessels move goods across the transportation network.
- As many as 5.9 million commercial motor vehicle drivers operate in the U.S., according to the Federal Motor Carrier Safety Administration.
- Machinery, electronics, and motorized vehicles are the three most valuable commodities moved by the U.S. freight transportation system.
- Representing 8% of annual gross domestic product, spending in the U.S. logistics and transportation industry totaled $1.48 trillion in the year 2015.
- 15 billion tons of cargo was transported by the trucking industry in 2013. The Bureau of Labor Statistics predicts that by the year 2040, that number is expected to increase to 18.79 billion tons.
- Whether it is full truckload, less-than-truckload (LTL), or parcel, today’s consumers are forcing carriers to adjust to changes in the retail industry as the U.S. e-commerce revenue has reached $423.3 billion and is steadily climbing.
Fast delivery is a term that continues to be redefined. Both by consumers themselves and warehouse distributors, the world’s transportation and expedited freight industries continue to adapt to the new demands.