Trucking Drives the Economy

In 2011, the trucking industry in Mississippi provided 66,730 jobs, or one out of 13 in the state. Total trucking industry wages paid in Mississippi in 2011 exceeded $2.6 billion, with an average annual trucking industry salary of $38,424. The U.S. Bureau of Labor Statistics (BLS) reported in May 2011 that truck drivers, heavy, tractor-trailer and light, delivery drivers, held 27,250 jobs with a mean annual salary of $33,170.

Small Business Emphasis: In 2012, there were over 4,670 trucking companies located in Mississippi, most of them small, locally owned businesses. These companies are served by a wide range of supporting businesses both large and small.

Transportation of Essential Products: Trucks transported 76% of total manufactured tonnage in the state in 2010 or 262,206 tons per day.* Over 86% of Mississippi communities depend exclusively on trucks to move their goods.

TRUCKING PAYS THE FREIGHT
As an Industry: In 2009, the trucking industry in Mississippi paid approximately $375 million in federal and state roadway taxes and fees. The industry paid 40% of all taxes and fees owed by Mississippi motorists, despite trucks representing only 15% of vehicle miles traveled in the state.

Individual Companies: As of January 2014, a typical five-axle tractor-semitrailer combination paid $5,871 in state highway user fees and taxes in addition to $8,906 in federal user fees and taxes. These taxes were over and above the typical taxes paid by businesses in Mississippi.

Roadway Use: In 2008, Mississippi had 74,887 miles of public roads over which all motorists traveled 44 billion miles. Trucking’s use of the public roads was 6.4 billion miles.

* Manufactured tonnage data provided by IHS Global Insight

UPCOMING DUE DATES
IFTA Reporting Online