2005 Revenues Reach $292 Billion for Truck, Courier and Storage Industries
Jan 12, 2007 10:29 AM
Truck transportation, couriers and messengers, and warehousing and storage revenues reached $292 billion in 2005, up from $266 billion the year before, the U.S. Census Bureau reported.
Truck transportation alone reached $206 billion in 2005, up 11 percent. Couriers and messengers revenues grew 6.7 percent to $66 billion.
The report, 2005 Service Annual Survey: Truck Transportation, Couriers and Messengers, and Warehousing and Storage, tracked business activity for firms with paid employees.
Some highlights from trucking industries:
- General freight trucking contributed approximately two-thirds of all trucking revenue with $139 billion in 2005. Trucks transporting specialized freight -- requiring equipment such as flatbeds, tankers or refrigerated trailers -- accounted for the remainder of revenue at $68 billion.
- For-hire, local general freight trucking revenues grew 10.9 percent to $22 billion.
- Long-distance general freight revenues increased 11.2 percent to $117 billion.
- Motor carrier revenues were up 10.8 percent to $192 billion.
Truck transportation excludes private motor carriers that operate as auxiliary establishments of non-transportation companies. Results of the survey also provide estimates for revenue by commodity shipped and inventories of revenue-generating equipment.
