by Women In Trucking Staff, on Aug 9, 2022 5:00:00 AM
New Data by Women In Trucking’s WIT Index Shows Increase in Leadership and Boards of Directors
Plover, WI – Aug. 9, 2022 – The percentage of female leaders in corporations in the commercial freight transportation industry continues to increase, according to new data highlighted in the WIT Index, which was just released by the Women In Trucking Association (WIT). The WIT Index is the official industry barometer to benchmark and measure each year the percentage of women who make up critical roles in transportation.
The 2022 WIT Index shows that 33.8 percent of C-suite executives in transportation companies are women, an increase of 1.5 percent in 2019 when the last WIT Index was measured. In addition, the 2022 WIT Index shows 39.6 percent of company leaders are female. “Company leaders” are defined as someone with supervisory responsibilities and also includes executives within the C-suite.
“Every large carrier today started with a man and a truck,” said Ellen Voie, WIT’s president and chief executive officer. “As more and more women become leaders, owners and directors in the trucking industry we are looking forward to the days of women-owned and -led companies."
In addition, this year’s WIT Index shows 31 percent of individuals serving on boards of directors are female. There is evidence that larger companies in transportation tend to have a smaller percentage of women on their boards, according to Voie. For example, the only 14 publicly traded asset-based carriers had an average of 23 percent women on their board of directors in 2021, according to Bloomberg. These companies continue to make progress in diverse gender representation on their boards, as this was up from 22 percent in 2020 and 18 percent in 2019. However, there is still significant to be done in incorporating more gender diversity to boards of directors, as the 2022 WIT Index shows 21 percent of respondents have no females on their boards.
Initiated in 2016, the WIT Index is comprised of average percentages of females in various roles that are reported by companies in transportation, including predominantly for-hire trucking companies, private fleets, transportation intermediaries, railroads, ocean carriers, equipment manufacturers, and technology companies. This data was confidentially gathered from January through April of 2022 from 180 participating companies and percentages are reported only as aggregate totals of respondents.
This year, WIT has expanded its collection on the percentage of women in additional functional roles, including operations, technicians, human resources and talent management, and marketing.
For more information on the WIT Index and to download a full executive summary of the 2022 WIT Index findings, visit womenintrucking.org/index.
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About Women In Trucking Association, Inc.
Women In Trucking, Inc. is a nonprofit association established to encourage the employment of women in the trucking industry, promote their accomplishments and minimize obstacles faced by women working in the trucking industry. Membership is not limited to women, as 17 percent of its members are men who support the mission. Women In Trucking is supported by its members and the generosity of Gold Level Partners: Amazon, Arrow Truck Sales, BMO Transportation Finance, Daimler Trucks North America, DAT Freight & Analytics, Expediter Services, FedEx Freight, Great Dane, J.B. Hunt Transport, Michelin North America, PACCAR, Penske Transportation Solutions, Ryder System, Walmart, and Waste Management. Follow WIT on Twitter, Facebook, or LinkedIn. For more information, visit www.womenintrucking.org or call 888-464-9482.
