U.S. trucking, warehouse industries posted higher revenues in 2002
Truck transportation, warehousing and courier industry revenues rose to $269 billion in 2002, up from $266 billion the previous year, according to new statistics from the U.S. Census Bureau.
Warehousing and storage companies recorded a combined 12 percent revenue increase from 2001 to $15.3 billion. Trucking revenues were $198 billion, up from $196.6 billion, and courier and messenger services revenues remained flat at $56 billion.
Revenues for general warehousing increased 18 percent to $9 billion. Refrigerated warehousing grew about $100 million to $2.4 billion.
General freight trucking made up 65 percent of all trucking revenue, with $111 billion, while specialized flatbed, tanker and refrigerated carriers generated $59 billion in 2002.
The long haul, general commodity trucking sector reported a 2 percent revenue increase to $95 billion, while long-distance specialized trucking revenues declined 7 percent to $19 billion.
Fore-hire trucking companies reported that two-thirds, or $106 billion, of their revenues came from long-distance operations.