Truck transportation increased in 2007
Jan 13, 2009 9:30 AM
A report just released by the US Census Bureau of 2007 truck transportation revenues indicated a 3.2 percent increase from 2006. In 2007, truck revenues reached $229 billion.
General freight trucking contributed approximately two-thirds of all trucking revenue at $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.
The 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 US 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.
The estimates provided in the US Bureau news release are based on data from the 2007 service annual survey, which use the 2002 North American Industry Classification System and apply only to employer firms. Estimates contain sampling and nonsampling errors. To keep the identity of an individual firm confidential, some estimates may be suppressed.
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