In 2020, the top producer of Transportation equipment was California with $28.2B. This is expected to increase 138% to $67B by 2050. The top consumer was California with $30.4B, and those inbound shipments are expected to increase 130% to $69.9B by 2050.
Freight data is provided using the SCTG product classification. The closest comparible products are transport equip.
In 2023, the most common means of transport for Transportation equipment, by weight, was Truck with 4.95M tons, followed by Rail with 1.99M tons and Multiple Modes and Mail with 832k tons.
In 2017, the US government spent $23.8B on Transportation equipment. The agency which purchased the largest amount of Transportation equipment in 2017 was Department of the Navy ($16.1B), followed by Department of the Army ($4.4B) and the Federal Acquisition Service ($1.46B).
