Trucking’s 2016 outlook

2015 was quite a year, was it not? As the economy recovered, the trucking industry expanded all throughout the year. But what will 2016 bring? With economic indicators pointing up, expect 2016 to grow like gangbusters.

Truckloads. As the economy continues to improve, trucking will need to meet the demand. Experts within the industry expect 2016 to see more expansion within the sector.

Fuel costs. A huge part of this sustained economic growth can be attributed to extremely low energy costs. But don’t think diesel will stay low forever. Economists are projecting a slight jump in 2016.

Capacity. With trucking capacity nearing its limit in 2015, don’t expect 2016 to be much different. Many industry insiders expect this to lead to even closer relationships between truckers and preferred shippers.

According to the American Trucking Associations (ATA), 81% of the total revenue generated in the shipping sector in 2015 was the direct result of activity by trucking companies.

Here at Double D Distribution, we’re both proud to be part of that growth and proud to be growing ourselves. So if you’re looking to join a fleet where you can achieve your own maximum of career growth, fill out our driver application form today.