Freight Facts and Figures 2008
Figure 4-1. Value Added by Freight Transportation to GDP by Transportation Mode: 1992 and 1996
Freight transportation is a big part of the economy. The value generated by transportation services in moving goods and people on the transportation system is about 5 percent of GDP. Of this 5 percent, three-fifths is generated by for-hire transportation services, and the rest is generated by in-house transportation (transportation provided by businesses for their own use). Most in-house transportation is inhouse trucking, which contributed 40 percent more value to GDP than for-hire trucking in 1996 (the latest year for which data are available).
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Data represented in the figure.
Billions of current dollars
Railroad | Water | Pipeline | For-hire trucking |
In-house trucking |
|
---|---|---|---|---|---|
1992 | 34 | 13 | 20 | 83 | 122 |
1996 | 42 | 11 | 23 | 101 | 142 |
Source:
U.S. Department of Transportation, Bureau of Transportation Statistics, special tabulation, September 2000.
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