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FOR IMMEDIATE RELEASE: TUESDAY, JAN. 9, 2007
2005 Revenues Reach $292 Billion for Truck, Courier and Storage, Industries, Census Bureau Reports
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 today.
Truck transportation alone reached $206 billion
in 2005, up 11.0 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 nontransportation companies.
Results of the survey also provide estimates for revenue by commodity shipped
and inventories of revenue-generating equipment.
The estimates provided in this release are from a newly selected sample for the 2005 SAS based on the 2002 NAICS and apply only to employer firms. Estimates contain sampling and nonsampling errors. To keep the identity of an individual
firm confidential, some estimates may be suppressed. Users making their own
estimates, based on the survey estimates, should cite the U.S. Census Bureau
as the source of the original estimates only. See <http://www.census.gov/services/sas/cv.html
> for measures of sampling variability and other survey information.