Cord Moving Provides Moving Industry Facts

 

America’s moving and storage industry is one of the most complex and diverse collections of businesses in the country. It consists of multi-million dollar companies and multi-thousand dollar ones; of large corporate organizations and “mom-and-pop” operations; of chief executive officers working in corporate suites and independent business people working in their trucks; and of van lines, their agency systems and independent movers. America’s moving and storage industry is as diverse as the country itself.

 

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Our Industry

Consists of 7,000 companies operating at 13,900 locations primarily providing moving and storage services for household and office goods Includes van lines, van line agents, independent full-service movers, international movers, forwarders, and auto transporters

Employs 122,600 people with an annual payroll of $3.6 billion

Is composed of mostly small businesses:

  • 47.8% of industry companies employ fewer than 5 people.
  • Only 8.5% of industry companies employ 100 or more people. American Movers Association report operating a fleet of 50,000 trucks 32,000 tractor units for pulling semi-trailers and 18,000 straight trucks) regulated by the U.S. Department of Transportation and state motor vehicle agencies.

Our Services

Cord Moving and Storage‘s suite of services includes local and long-distance transportation of household and office goods; warehousing and storage services; packing and packaging services; process, distribution, and logistics consulting; merchandise sales and other services. Industry revenue from these services totals more than $12.6 billion annually. The following three areas combined account for 97.3% of revenue:

  • 69.6% from local or long-distance transportation service
  • 20.2% from warehousing and storage services
  • 7.5% from packing and packaging services
  • Interstate shipments by type:
  • Household goods: 73% (including 12 military and 1% other federal government)
  • Computers, copiers and other electronic office equipment: 20%
  • Exhibits and trade shows: 6%
  • Office and institutional: 1% (mostly local moves)
  • Breakdown of household goods shipments by type:
  • Individuals: 44%
  • Corporate: 37%
  • Military: 17%
  • Other federal government: 2%
  • Interstate household goods moves, annual number: 3 million (Census estimate for 2007)
  • by professional movers: 800,000
  • by consumer with rented truck: one million
  • by consumer unassisted: 1.2 million1. Oregon – 65% of shipments inbound 2. Idaho – 63% 3. Florida – 59% 4. North Carolina – 58% 5. Texas – 58% 6. South Carolina – 57% 7. Arizona – 56% 8. Virginia – 56% 9. Nevada – 55% 10. Colorado – 55%1. New Jersey – 64% of shipments outbound 2. New York – 64% 3. Illinois – 63% 4. Connecticut – 60% 5. West Virginia – 59% 6. Pennsylvania – 59% 7. Kansas – 58% 8. Ohio – 57% 9. Michigan – 55% 10. Indiana – 55% Fun Facts to knowOf all Americans (307,243,000):
  • Americans who move (annual percentage): 11.7% Americans who move (annual number): 35.9 million, or 15.3 million households @ 2.34 persons per household
  • Ten most active states – outbound household goods
  • Ten most active states – inbound household goods
  • 9.8% moved within the same state
  • 1.55% moved to a different state
  • 0.337 moved from the US to another country
  • Of Americans who moved (35,918,000):
  • 83.8% moved within the same state
  • 13.2% moved to a different state
  •  0.33% moved from the US to another country
  • Reason for moving (US Census questionnaire for 2012-13):

•   Wanted new or better home/apartment – 14.8% •   Other family reason – 14.8% •    Other housing reason — 14.0% •   To establish own household – 10.4% •   New job or transfer – 9.0% •   Wanted cheaper housing – 8.3% •   Wanted to own home, not rent – 5.8% •   To be closer to work/easier commute – 5.4% •   Change in marital status — 5.0%  •   Wanted better neighborhood/less crime – 3.2% •   Other job-related reason – 2.3% •   To look for work or lost job – 2.1% •   Foreclosure/eviction – 1.8%  •   Other reasons – 1.3% •   Retired – 0.7%  •   To attend or leave college – 0.6% •   Health reasons – 0.4% •  Natural disaster – 0.05% •   Change of climate – 0.03%

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