Safety & Compliance

Census Bureau: ‘05 Revenues Hit $292 Billion for Truck, Courier and Storage Industries

January 10, 2007

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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 Wednesday.

Truck transportation alone reached $206 billion in 2005, up 11 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 non-transportation 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.
The report can be accessed at www.census.gov/econ/www/servmenu.html.

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