EMBARGOED UNTIL: 10 A.M. EST, FEBRUARY 18, 1997 (TUESDAY) Public Information Office CB97-22 301-457-3030/301-457-3670 (fax) 301-457-4067 (TDD) Ruth Bramblett 301-457-2766 MOTOR FREIGHT TRANSPORTATION AND WAREHOUSING REVENUES GROW TO $176 BILLION IN 1995, CENSUS BUREAU REPORTS The nation's trucking and warehousing industries recorded operating revenues of $165 billion and $11 billion, respectively in 1995. These data will be released today on the Internet by the Commerce Department's Census Bureau. Changes in the trucking industry between 1994 and 1995 include: - Motor carrier revenue increased 4.6 percent to $156 billion. - Long-distance trucking revenue, which accounted for nearly three-quarters of all for hire motor carrier revenue, was up more than 4 percent. - Local trucking rose 5 percent to approximately $40 billion. - Revenue from the transportation of household goods rose more than 11 percent. - Overall industry expenses were up 5.4 percent to approximately $156 billion. Changes in the warehousing industry between 1994 and 1995 include: - Public warehousing and storage revenue was $11 billion in 1995, an increase of more than 10 percent from 1994. - General warehousing and storage revenue was up about 9 percent, representing more than 46 percent of all public warehousing and storage revenue in 1995. - Refrigerated warehousing, representing more than 20 percent of all public warehousing and storage revenue, increased more than 15 percent to $2 billion. - Total industry operating expenses were up 10.3 percent to $9 billion. The full printed report entitled, "Motor Freight Transportation and Warehousing Survey: 1995," BT/95, will be released by the Census Bureau in a few weeks. A subset of the tables contained in the report is located on the Internet. The Internet address is: http://www.census.gov/ftp/pub/svsd/www/tas.html The data in these tables are subject to sampling variability as well as nonsampling errors. Sources of nonsampling errors include errors of response, nonreporting, and coverage. Measures of sampling variability, presented as coefficients of variation, are shown in the publication tables.-X-The Census Bureau--preeminent collector and provider of timely, relevant, and quality data about the people and economy of the United States. In over 100 surveys annually and 20 censuses a decade, evolving from the first census in 1790, the Census Bureau provides official information about America's people, businesses, industries, and institutions.
