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30+ Trucking Industry stats that matter in 2025

June 24, 2025

Your Fleet’s Quick-Read Guide to the Trends, Costs & Opportunities Ahead

At GoRight, we know that fleet decisions are only as good as the data behind them. Here’s a quick, impactful snapshot of 30+ stats that reveal where the trucking industry stands today, and where it’s headed.

Freight & Industry Growth

  • The U.S. freight trucking market is valued at $532.7 billion

  • Trucks move 72.6% of all domestic freight by weight

  • Global freight trucking will hit $3.4 trillion by 2030

  • Trucking represents 80.7% of the total U.S. freight bill

  • Trucks carry nearly two-thirds of U.S.–Canada traded goods

  • 96% of U.S. trucking carriers operate fleets of 10 or fewer trucks

  • The global market for fleet management software is projected to reach $14.4 billion by 2030, that is a 18.7% increase from 2024 to 2030

  • Total cost of ownership per mile for class 8 fleets grew from $0.58 in 2016 to $0.67 in 2024

Driver Workforce & Wages

  • The U.S. employs 3.54 million truck drivers

  • The Canadian trucking workforce includes 324,200 drivers

  • Truck drivers earn an average of $73,147/year (up from $54,320 in 2023)

  • Owner-operators make up 11.1% of the industry

  • 8.1% of truck drivers are women, the highest ever recorded

  • Truck driver employment will grow 4% by 2032

  • Driver wages increased 15.5%, now averaging $0.724 per mile

Fleet Costs & Operations

  • Total cost per mile climbed to $2.27

  • Repair and maintenance costs jumped 12% in 2022 and 3.1% in 2023

  • Diesel trucks account for 18% of total U.S. vehicle emissions

  • Electric trucks now cost 13% less per mile to operate than diesel

  • Class 8 EV trucks can save up to $200K over 15 years

Electric & Smart Trucking Technology

  • The EV truck market will hit $5.92 billion in 2025, up from $3.99B

  • EV trucking is growing at 48.4% CAGR, expected to reach $38.76B by 2032

  • The global AI-powered fleet software market is forecasted to hit $14.4 billion by 2030

  • 42% of fleets say customers are pushing for greener, more sustainable transport

Fleet Safety & Risk

  • Trucking companies invest over $14 billion annually in safety

  • Trucks are involved in 9.6% of fatal U.S. traffic crashes

  • 70% of truck crash fatalities are occupants in the other vehicle

  • Most fatal truck crashes (76%) occur on weekdays

  • Only 3% of fatal crashes involve alcohol use by truck drivers

  • 15% of drivers killed in crashes weren’t wearing seatbelts, 40% of them died

Challenges & Outlook

  • 85% of fleets rank driver costs as their top operating challenge

  • 66% say insurance and liability costs are their second-biggest concern

What This Means for You

Fleet managers are facing rising costs, increasing compliance pressure, and growing expectations from customers and regulators alike. The solution? A strategic approach that combines smart maintenance, connected technologies, and proactive planning.

At GoRight, we’re helping our clients move ahead with clarity, through full-service fleet care, performance insights, and purpose-built solutions.

Let’s build your smarter fleet strategy for 2025.

Contact GoRight for a demo Sales@gorightfleet.com

or learn more about our FleetCare Plus program on our website.

Sources:

HardMan and Well

American Trucking Association

Freightera

Globe News Wire – Research and Markets

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