Trucking industry revenue increases in 05

Truck transportation, couriers and messengers, and warehousing and storage revenues reached $292 billion in 2005, up from $266 billion the year before, the United States Census Bureau reported. 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.

Access to obtain the report.

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