4 Fascinating Freight Facts

The freight industry is a crucial component of the success of modern commerce. After all, almost everything we use or consume is part of or passes through a logistics chain in one way or another. Check out these 4 fascinating freight facts that perhaps you never knew.

Freight Fact #4: Trucks are King

You’ve probably been stuck behind a freight trailer once or twice on the highways, but it’s for a good reason. Those trucks transport the majority of moving cargo in the U.S. and serve the needs of businesses and consumers. According to the American Trucking Association, “trucks move roughly 71.4% of the nation’s freight by weight.”

Freight Fact #3: Sea to Shining Sea

Shipping by sea continues to be a powerhouse in the freight and logistics industry. The IMO (International Maritime Organization) reports that “over 90% of the world’s trade is carried by sea.” This might be one of the lesser surprising freight facts when you think about it. The sea trade has been going on for centuries. Although digital commerce has connected us to conduct business like never before, cargo from one side of the world still has to reach its destination on the other side.

Freight Fact #2: Business to Business

The majority of trucking companies in America are small businesses. You have your popular, giant, multi-million-dollar carriers out on the highways. But most carriers and trucking companies aren’t nearly as large in scale. Some carriers might operate with a smaller fleet or a smaller scale but could offer better lanes and rates for your supply chain to utilize. And your small business can partner with another small business by using a third-party shipping solutions provider, such as FreightCenter. Many 3PLs are small businesses, so they understand the needs of the small business shipper better than large carriers.

Freight Fact #1: A Match Made in Heaven

The shippers have spoken! According to the 2019 Third-Party Logistics Study: State of Logistics Outsourcing Report by Penske, Penn State, Infosys, and Korn Ferry, 89% of shippers believe partnering with a third-party logistics company (3PL) has “contributed to improving services for the ultimate customer.” 3PLs create meaningful partnerships among carriers and shippers everywhere and put the human touch in a commerce culture heavily digitalized.

FreightCenter is here to make shipping easier and empower your business by delivering solutions that work for you for a small company like yours. Get a free quote today or call 800.716.7608 and experience the FreightCenter difference.