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EMBARGOED UNTIL: 12:01 A.M. EST, MARCH 16, 2001 (FRIDAY)
Public Information Office CB01-51
301-457-3030/301-457-3670 (fax)
301-457-1037 (TDD)
e-mail: pio@census.gov
Brad Stovall
Heather Waldow
301-457-2763
Revenues for Truck Transportation, Messenger Services and
Warehousing Near $250 Billion, Census Bureau Reports
The Commerce Department's Census Bureau reported today that revenues for
the nation's for-hire truck transportation industry increased by 8 percent
between 1998 and 1999. Courier and messenger, and warehousing and storage
services revenues rose by 6 percent and 4 percent, respectively.
Trucking revenues increased from $173 billion to $187 billion and
courier and messenger services were up from $46.9 billion to $49.6
billion. Warehousing and storage revenues rose from $12.1 billion to $12.6
billion.
The bulk -- 89 percent, or $222 billion -- of the combined revenues of
truck transportation, couriers and messengers, and warehousing and storage
in 1999 were recorded by firms with paid employees.
Highlights for selected industry groups, employer firms only, for the
period 1998 to 1999:
Truck Transportation Services
- General freight trucking generated 63 percent of all truck revenues.
Long-distance trucking, a component group, accounted for 86 percent
of general freight revenues and showed a growth of 9 percent, to
$88 billion.
- Specialized freight trucking accounted for 37 percent of truck
revenues and showed a 7 percent increase, to $60 billion.
- Revenue from electronics, motorized vehicles and precision
instruments shipments increased by 14 percent, to $9 billion.
- Revenue from hazardous material shipments amounted to $10 billion,
virtually unchanged from 1998.
- Total highway miles traveled by for-hire trucks increased 7 percent,
to 85 billion miles.
Courier revenue accounted for 91 percent of the courier and messenger
industry's revenue and showed a 5 percent growth, to $43 billion, while
general warehousing and storage revenue showed growth of 6 percent, to
$6.6 billion, 54 percent of the total revenue for the broader warehousing
and storage category.
Truck transportation excludes private motor carriers that operate as
auxiliary establishments to nontransportation companies.
Revenue estimates include general freight and specialized freight
trucking. Additional data items include: commodities hauled; cost of
purchased transportation; and inventories of revenue- generating
equipment. Only revenues are collected for courier and messenger services
and warehousing and storage.
The selected transportation services estimates are part of the 1999
Service Annual Survey report. Other reports cover information, health,
computer services and financial industries. This is the first year the
Service Annual Survey uses the North American Industry Classification
System.
The data are subject to sampling variability and nonsampling errors.
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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