Census Bureau: Truck revenues hit $186 billion in 2004

Dec 29, 2005

Truck transportation, courier and messengers, and warehousing and storage revenues reached $266 billion in 2004, up from $246 billion the year before, the U.S. Census Bureau reported Thursday, Dec. 29. Truck transportation alone reached $186 billion in 2004, up 10.4 percent. Courier and messenger revenues grew 4.0 percent to $62 billion.

The report, 2004 Service Annual Survey: Truck Transportation, Couriers and Messengers, and Warehousing and Storage, showed the following highlights for employer firms:

General freight trucking contributed approximately two-thirds of all trucking revenue, with $125 billion in 2004. Trucks transporting specialized freight (requiring equipment such as flatbeds, tankers or refrigerated trailers) accounted for the remainder of revenue, at $61 billion.

For-hire, local general freight trucking revenues grew 8.0 percent to $20 billion.

Long-distance general freight revenues increased 10.7 percent to $105 billion.

Motor carrier revenues were up 10.5 percent to $175 billion.

Revenue from hazardous materials shipments increased 9.4 percent to $10 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.

For more information about the survey, go to www.census.gov/svsd/www/services/sas/sas_summary/48summary.htm.

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