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Trucking Revenue * USA - Tops $300 Bln., Census Bureau Says
Total revenue for truck transportation, couriers and messengers, and warehousing and storage reached $312 billion in 2006, up from $293 billion in 2005Washington,DC,USA -Transport Topics -4 Dec 2007: -- The U.S. Census Bureau said Tuesday... Commercial trucks traveled 91 billion miles in 2006, with revenues reaching $220 billion. Of that amount, motor carrier revenue was $204 billion, with 67% from long-distance trucking and the remaining $67.9 billion from local trucking, the bureau reported... Unlike American Trucking Associations’ recent report that put 2006 trucking at more than $645 billion, the Census report did not include private trucking, which makes up about half of all trucking revenue... Trucking within U.S. borders accounted for 96% , or $196 billion, of motor carrier revenue in 2006. Revenue generated from truck transportation with Canada, Mexico and all other destinations was $8 billion... Among the largest dollar volume of truck shipments were new furniture and miscellaneous manufactured products, agricultural and fish products, base metal and machinery, and wood products, textiles and leathers, the Census Bureau said... Other highlights included:
• Couriers and messengers revenue was $72 billion in 2006. Warehousing and storage totaled $21 billion.
• About 84% of trucks and trailers were owned and/or leased with drivers, while 16% were leased without drivers.
• General freight trucking, which handles commodities transported on pallets in a container or van trailer, contributed two-thirds of all trucking revenue, with $147 billion.
• Trucks transporting specialized freight — requiring equipment such as flatbeds, tankers or refrigerated trailers because of the size, weight or shape of the commodity — accounted for the remainder of trucking revenue at $73 billion.
• Local general freight trucking revenue, which come from carrying goods within a single metropolitan area and its adjacent non-urban area, grew 12.3% to $25 billion.
• Long-distance general freight revenues, which come from carrying goods between metropolitan areas, increased 4.3% to $122 billion.
• Couriers and messengers revenue was $72 billion in 2006. Warehousing and storage totaled $21 billion.
• About 84% of trucks and trailers were owned and/or leased with drivers, while 16% were leased without drivers.
• General freight trucking, which handles commodities transported on pallets in a container or van trailer, contributed two-thirds of all trucking revenue, with $147 billion.
• Trucks transporting specialized freight — requiring equipment such as flatbeds, tankers or refrigerated trailers because of the size, weight or shape of the commodity — accounted for the remainder of trucking revenue at $73 billion.
• Local general freight trucking revenue, which come from carrying goods within a single metropolitan area and its adjacent non-urban area, grew 12.3% to $25 billion.
• Long-distance general freight revenues, which come from carrying goods between metropolitan areas, increased 4.3% to $122 billion.
* Transportation, Logistics M&A Deal Volume Still High in 2007. Global environment will continue to cause consolidation in industry
Cleveland,OH,USA -Industry Week, by Adrienne Selko -Dec. 4, 2007 -- According to a new report from PricewaterhouseCoopers, total transportation and logistics deal volume for 2007 is on pace to exceed 2006 levels. The firm believes this may be due in part to the effects of the decline in debt market liquidity and stock market volatility felt by financial investors... Total deal value during the first three quarters of 2007 exceeded the total deal value announced during the comparable period in 2006 ($39 billion versus $27 billion, respectively), though it is not on pace to exceed the total deal value announced for all of 2006...
Labels: trucking statistics
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