EMBARGOED UNTIL: 12:01 A.M. EDT, JULY 8, 1998 (WEDNESDAY) Public Information Office CB98-114 301-457-3030/301-457-3670 (fax) 301-457-4067 (TDD) e-mail: pio@census.gov Ann Daniele 301-457-2823 Motor Freight Transportation and Warehousing Revenues Up in 1996, Census Bureau Reports The nation's trucking and warehousing industries recorded operating revenues in 1996 of $173 billion and $11 billion, respectively 7 percent and 5 percent increases over 1995, according to data released today by the Commerce Department's Census Bureau. The embargoed tabulations can be accessed at http://www.census.gov/dcmd/www/embargo/embargo.html. After the release time, the data can be accessed at http://www.census.gov/ftp/pub/svsd/www/tas.html. Changes in the revenues and expenses of the trucking industry between 1995 and 1996 included: - Motor carrier revenue increased 6 percent to $164 billion. - Long-distance trucking revenue was up 6 percent and accounted for 68 percent of all for-hire motor carrier revenue. - Local trucking revenue rose 7 percent to $52 billion. - Total industry expenses were up 7 percent to $163 billion. Changes in the revenues and expenses of the warehousing industry between 1995 and 1996 included: - Public warehousing and storage revenue was $11 billion in 1996, an increase of 5 percent over 1995. - General warehousing and storage revenue increased 6 percent to $6.5 billion and represented 57 percent of all public warehousing and storage revenue in 1996. - Refrigerated warehousing revenue in 1996 was $2 billion, which was 19 percent of all public warehousing and storage revenue. - Total industry operating expenses in 1996 were up 6 percent to $9 billion. The estimates from the 1996 Transportation Annual Survey are subject to sampling and nonsampling error. Sources of nonsampling error include errors of response, nonreporting and coverage. Measures of sampling variability, presented as relative standard errors, are shown in the tables.-X-Editor's Note: The Public Information Office now has a media-access server for embargoed news releases and data sets. It is available to accredited media representatives only. To gain access, please contact us for a username and password. The media-access server's Internet address is http://www.census.gov/dcmd/www/embargo/embargo.html. We would appreciate any comments you may have about the site. The Census Bureau--preeminent collector and provider of timely, relevant, and quality data about the people and economy of the United States. In over 100 surveys annually and 20 censuses a decade, evolving from the first census in 1790, the Census Bureau provides official information about America's people, businesses, industries, and institutions.
