EMBARGOED UNTIL: 12:01 EST, JANUARY 14, 1999 (THURSDAY)
Public Information Office CB99-07
301-457-3030/301-457-3670 (fax)
301-457-1037 (TDD)
e-mail: pio@census.gov
Frank Nagy
301-457-2763
Motor-Freight Transportation and Warehousing Revenue
Up in 1997, Census Bureau Reports
The nation's trucking and warehousing industries recorded operating
revenue in 1997 of $183 billion and $13 billion, respectively 6 percent
and 11 percent increases over 1996, according to data released on the
Internet today by the Commerce Department's Census Bureau.
Other changes in revenues and expenses of the trucking industry between
1996 and 1997 included:
- Motor carrier revenue increased 6 percent, to $174 billion.
- Long-distance trucking revenue was up 3 percent and accounted for
66 percent of all for-hire motor carrier revenue.
- Local trucking revenue rose 14 percent, to $59 billion.
- Total industry expenses were up 5 percent, to $171 billion.
Changes in the revenues and expenses of the warehousing industry between
1996 and 1997 included:
- Public warehousing and storage revenue totaled $13 billion in
1997, an increase of 11 percent over 1996.
- General warehousing and storage revenue increased 14 percent, to
$7 billion, and represented 58 percent of all public warehousing
and storage revenue in 1997.
- Refrigerated warehousing revenue in 1997 amounted to $2 billion,
which was 18 percent of all public warehousing and storage
revenue.
- Total industry operating expenses in 1997 were up 12 percent, to
$10 billion.
The estimates from the 1997 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.
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The U.S. Census Bureau, pre-eminent collector and disseminator of timely,
relevant and quality data about the people and the economy of the United
States, conducts a population and housing census every 10 years, an
economic census every five years and more than 100 demographic and
economic surveys every year, all of them evolving from the first census in
1790.
