Freight Facts and Figures 2010
Figure 4-1. Value Added by Freight Transportation to U.S. Gross Domestic Product 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 five percent of GDP. Of this five 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 in-house 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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