FOR IMMEDIATE RELEASE
WEDNESDAY, JANUARY 15, 2003
Patricia Buscher CB03-14
Public Information Office
(301) 763-3030/457-3670 (fax)
(301) 457-1037 (TDD)
e-mail: pio@census.gov Quotes and radio sound bites
Revenues from Transportation
and Warehousing Total $264 Billion in 2001
Private trucking, couriers and messengers, and warehousing and storage
industries reported revenues totaling $264 billion in 2001, the Commerce
Department's Census Bureau said today.
Tables from 2001 Service Annual Survey Truck Transportation, Couriers
and Messengers, and Warehousing and Storage, showed these highlights for
employer firms:
- General freight trucking generated 64 percent, or $107 billion, of
the trucking industry's revenues; long-distance trucking, in turn,
generated 86 percent, or $92 billion, of that.
- Specialized freight trucking accounted for 36 percent, or $60
billion, of total truck revenues, which represented a 3 percent
decrease from the previous year.
- Revenues from hauling pharmaceutical and chemical products fell
9 percent to $8.5 billion.
- Couriers' revenues grew by 2 percent to $49 billion.
- Local messengers and local delivery revenues were $4.2 billion.
- General warehousing and storage revenues were $7.4 billion, or
56 percent, of total warehousing and storage revenues.
Truck transportation excludes private motor carriers that operate as
auxiliary establishments of nontransportation companies. Results of the
survey also provide estimates of the cost of purchased transportation and
inventories of revenue-generating equipment for this industry.
The data are subject to sampling variability 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 selected tables of the product.
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