America's trucking companies and railroads quite literally are the lifeblood of this economy; connecting farms to the dinner table, warehouses to stores and American businesses to consumers at home and across the globe. Without the hard work of millions of drivers, train crews and employees all across our industries, this economy would simply stop.
ABI Research forecasts that revenues in the commercial fleet telematics market will increase from $7.25bn in 2012 to reach a total of $26.8bn in 2018, with North America closely followed by the Asia-Pacific region as the largest markets and Western Europe in third position.
Spot market freight volumes reported by the DAT North American Freight Index rose 2.2 percent in June, compared to May. The month-over-month increase fell slightly short of seasonal norms; while freight volume increased from May to June in eight of the past ten years, the average increase was 10 percent.