Report

ATA U.S. Freight Transportation Forecast to 2035

Jan 16, 2025

ATA’s premier economic planning resource, the U.S. Freight Transportation Forecast outlines the current state of the industry and provides an outlook for changes to all modes of freight transportation for the next decade. This year’s Freight Transportation Forecast outlines current statistics and projects anticipated changes through 2035. By providing information on revenue collected and tonnage hauled by each mode, as well as retail truck sales and class 8 vehicles in operation, Freight Transportation Forecast is an indispensable resource for motor-carriers, policy-makers, and those planning for the future of the industry.

A sampling of data found in Forecast includes:

  • Economic Forecast Annual Growth Rate
  • Domestic Transportation Market by Mode
  • Disposition of Freight by Mode
  • Freight Forecast Summary – All Modes
  • Summary of Primary Freight Forecast by Mode – Volume & Revenue
  • Truck Volume Forecast: For-Hire & Private Motor Carriers
  • Truck Revenue Forecast: For-Hire & Private Motor Carriers
  • Total truck tonnage will rise from an estimated 11.27 billion tons in 2024 to 13.99 billion tons in 2035. Over that same period, trucking industry revenues will grow from an estimated $906 billion to $1.46 trillion, accounting for 76.8% of the freight market by the end of the forecast period.
  • Looking at other modes of transportation:
  • The overall share of freight tonnage moved by railroads will fall from 10.6% in 2024 to 9.9% in 2035, mostly due to declines in coal volume.
  • Intermodal rail tonnage will grow by 2.9% through 2030, and then 2.8% between 2031 and 2035.
    Air cargo, domestic waterborne transportation and pipelines will all see increases in tonnage between 2024 and 2035.

With many companies making strategic business decisions over long time periods, ATA’s U.S. Freight Transportation Forecast to 2035 provides critical data for informed decision making. A long-term forecast is key to understanding where our industry, as well as all modes of freight transportation, are going.

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