freight market signals

Truck Freight Value by Mode: Reading the 2024 BTS Baseline

What the BTS 2025 annual report says about 2024 freight value by mode, and how carriers should use the table without treating it as a revenue forecast.

Trucking VA Research Team · · 2 min read · 10 sources

Trucking operations visual for Truck Freight Value by Mode: Reading the 2024 BTS Baseline

Key takeaways

  • BTS reported $18.079 trillion in 2024 truck freight value in its annual report table.
  • Freight value, tonnage, revenue, and margin are different measures.
  • The report warns that framework updates can limit direct comparison with prior tables.

The BTS Transportation Statistics Annual Report 2025 table reports 2024 freight by mode. Truck movements account for 12,844 million tons and $18.079 trillion in current-dollar value in that table. The figures describe national freight flows, not a single carrier's revenue.

Methodology

We read the BTS annual report alongside FAF, CFS, Census, transborder, EIA, and BLS documentation. The report notes that updated FAF inputs can make the table non-comparable with earlier versions. We therefore treat the 2024 row as a dated baseline, not a timeless series.

Findings

Measure 2024 truck entry Meaning
Tons 12,844 million physical freight flow
Value $18,079 billion current-dollar flow value
Domestic tons 11,905 million domestic component
Import/export tons 938 million combined gateway-linked component

Value is influenced by commodity mix and prices. It is not billed revenue, truckload rate, or profit. Multiple modes and mail are classified separately when a shipment changes modes, so totals require reading the report's definitions.

Operational interpretation

Use the table to frame commodity and mode exposure, then validate lane decisions with actual booked loads, miles, rates, accessorials, and empty repositioning. Keep nominal and real-dollar questions separate. The research hub has related freight indicators and operations support can help maintain a monthly evidence packet.

Limitations

FAF is a modeled flow dataset. Classification, gateway treatment, revisions, and current-dollar presentation matter. National value cannot establish local demand or carrier margin.

Sources

  1. BTS, TSAR 2025.
  2. BTS, FAF.
  3. BTS, Freight Facts.
  4. FHWA, FAF guide.
  5. Census, CFS.
  6. Census, Economic Census.
  7. BTS, freight transportation.
  8. BTS, Transborder Freight.
  9. EIA, energy data.
  10. BLS, PPI.

Sources and citations

  1. BTS, TSAR 2025, https://www.bts.gov/tsar, retrieved 2026-08-05
  2. BTS, Freight Analysis Framework, https://faf.ornl.gov/faf5/, retrieved 2026-08-05
  3. BTS, Freight Facts and Figures, https://www.bts.gov/faf, retrieved 2026-08-05
  4. FHWA, FAF documentation, https://faf.ornl.gov/faf5/data/download_files/FAF5_User_Guide.pdf, retrieved 2026-08-05
  5. Census, Commodity Flow Survey, https://www.census.gov/programs-surveys/cfs.html, retrieved 2026-08-05
  6. Census, Economic Census, https://www.census.gov/programs-surveys/economic-census.html, retrieved 2026-08-05
  7. BTS, Freight transportation, https://www.bts.gov/topics/freight-transportation, retrieved 2026-08-05
  8. BTS, Transborder Freight Data, https://www.bts.gov/transborder, retrieved 2026-08-05
  9. EIA, energy data, https://www.eia.gov/petroleum/data.php, retrieved 2026-08-05
  10. BLS, PPI, https://www.bls.gov/ppi/, retrieved 2026-08-05