The U.S. heavy truck sector is back in the fast lane again. After a long slump during the Great Recession, sales of heavy trucks have picked up significantly and look poised for sustained growth over the next decade, according to the American Trucking Associations’ research.
The ATA, a federation of 50 affiliated state trucking associations and industry-related conferences and councils, recently released the latest edition of its “U.S. Freight Forecast to 2024.” The report announced “an overall increase in freight volumes for all modes of more than 20% and an increase in the amount of that freight moved by trucks.”
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