The Transportation Industry in America and the Role It Plays

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The Transportation Industry in America and the
Role It Plays
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• In the US, the transportation industry is
  extremely competitive. And yet, multinational
  firms are doing everything in their power to
  facilitate the stream of goods as best as
  possible throughout the largest consumer market
  in the world.

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• Both domestic and international companies in
  this business, profit from relatively low costs,
  a highly professional workforce, and regulatory
  burdens. Overall expenses in the transpiration
  and logistics industry reached 1.33 trillion in
  2012. 8.5 represented the GDP (annual domestic
  product).

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• An exceptionally integrated supply chain
  network in the US, connects consumers and
  producers via several transportation modes,
  including express and air delivery services,
  maritime transports, freight rail, and truck
  transport.

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• To live up to the expectations of all
  customers, domestic and multinational firms offer
  tailored transportation and logistics solutions
  that guarantee coordinated goods movement from
  start to end through a supply chain network
  sector.

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Companies rely on the transportation industry

• Companies of all sizes rely on the services of
  the transportation industry in the US. Their goal
  is to deliver products securely and maintain
  speedy delivery times around the country. The
  trucking industry in particular, deals with a lot
  of cargo, much more than planes, ships, or
  trains.

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• Without trucks, goods cannot reach their final
  destinations. The US economy may collapse if the
  trucking industry would suddenly stopped rolling,
  so it's safe to say that the transportation
  industry in the United States plays a vital role
  in its economy.

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• Trucks bring a great economic contribution by
  distributing unprocessed materials directly to
  the manufacturers. For instance, trucks transport
  material from suppliers like farms, mines,
  loggers, and quarries to industrial units that
  need them to craft the products. The finished
  products are dispensed on trucks and sent to
  retailers and wholesalers.

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Employment prospects in the US transportation
industry 

• According to Business Insider, there are
  800,000 truck drivers working in the US, together
  making close to 30 billion annually. Small
  trucking companies often function after a
  specific model called owner-operator, which
  basically means most truck drivers are
  self-employed.

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• As for larger companies, these are used to
  employing union drivers. Trucking associations
  strive to protect the interests of the industry,
  while unions are in charge of protecting the
  interests of the drivers.

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• There's a major union called The International
  Brotherhood of Teamsters, which has an
  extraordinary impact on the US economy, and one
  large-scale strike would be enough to bring down
  the financial system. The transportation industry
  - the trucking sector in particular - collects
  yearly revenues of about 650 billion.

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• This means it makes 84 of the entire
  transportation industry. Because of the great
  importance and size of the trucking industry,
  local, federal, and local governments have
  settled that imposing some regulations is
  imperative.

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• For instance, to guarantee public security on
  the road, truck drivers can only use certain
  roads, and they're compelled to reduce the speed
  and have a proper 8 hour rest between drives.

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• For More Information Please visit

http//idrivetrucks.com