According to the American Trucking Association, the amount of freight that will be moved in the 2012 fiscal year will be moved at a slower pace than it was between the 2010 and 2011 fiscal years. Yet, the actual amount of freight that is going to be transferred throughout the year will be higher than it was in the past.
The growth of the trucking tonnage between 2010 and 2011 was an impressive 5.8 percent. Experts believe that between 2011 and 2012, the tonnage will increase by less than 3 percent. This slower growth reveals that the trucking industry is staying grounded with the slowly improving economy in the United States.
As the economy continues to gain footing, the trucking industry will do the same. This lower growth for the freight volume is still on par with the improving economy.
Freight factoring can be done in a number of ways. To learn more about freight factoring, please contact TBS Factoring by calling 800-207-7661 today.