Trucking-Related Revenue Rose to $292 Billion in ’05

Truck Revenue Alone Jumped 11%
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Trucking, couriers and messengers, and warehousing and storage revenue reached $292 billion in 2005, up from $266 billion the year before, the U.S. Census Bureau reported.Truck transportation alone reached $206 billion, up 11% from the previous the bureau said late Tuesday. Couriers and messenger revenue gained 6.7% 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.Report highlights included: Motor carrier revenue rose 10.8% to $192 billion. General freight trucking contributed about two-thirds of trucking revenue, at $139 billion. Specialized freight such as flatbeds, tankers or refrigerated trailers accounted for the remainder, at $68 billion. For-hire, local general freight trucking revenue grew 10.9% to $22 billion. Long-distance general freight revenue rose 11.2% to $117 billion.Truck transportation excludes private motor carriers, the bureau said. Results of the survey also provide estimates for revenue by commodity shipped and inventories of revenue-generating equipment.Click here for the study's data and summary. (Census Bureau Web site.)