Truck transportation revenues saw a 3.2 percent increase from 2006, reaching $229 billion in 2007, according to the U.S. Census Bureau's 2007 Service Annual Survey
: Truck Transportation, Couriers and Messengers, and Warehousing and Storage.
The report provides estimates of revenue, size of shipments, revenue by commodity shipped, and origin and destination of shipment and inventories of revenue-generating equipment for firms with paid employees.
General freight trucking contributed approximately two-thirds of all trucking revenue: $153 billion in 2007. The remaining $76 billion in revenue was from trucks transporting specialized freight that required equipment such as flatbeds, tankers or refrigerated trailers.
Specialized freight trucking increased 4.7 percent in revenue in 2007. Local specialized freight (excluding used goods) accounted for $33 billion.
U.S. commercial trucks traveled 94 billion miles in 2007. Long-distance general freight revenues increased 2.5 percent to $127 billion, while local general freight trucking revenues grew 2.1 percent to $26 billion.
Trucking within U.S. borders accounted for 96 percent, or $205 billion, of motor carrier revenue in 2007. Revenue generated from truck transportation with origins in Canada, Mexico and all other destinations was $5 billion.
Motor carrier revenues were up 3.1 percent to $214 billion in 2007. Local motor carrier revenue accounted for $73 billion, a 5.0 percent increase. New furniture and other manufactured products experienced a 6.6 percent decrease from 2006.
More info: www.census.gov/svsd/www/cv.html
Census Bureau: Trucking Revenues Rose in 2007
Truck transportation revenues saw a 3.2 percent increase from 2006, reaching $229 billion in 2007, according to the U.S. Census Bureau's 2007 Service Annual Surve
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