Figure 4-1: Value Added by Freight Transportation to GDP by Mode (Billions of dollars)
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. In the transportation services sector about 60 percent of the value is generated by for-hire transportation services and the rest is generated by “in-house” transportation (transportation provide by businesses for their own use). In-house trucking accounted for $142 billion in GDP in 1996 and for-hire trucking accounted for $101 billion.
Data represented in the figure
Table in Excel format
Railroad | Water | Pipeline | For-hire trucking | In-house trucking | |
---|---|---|---|---|---|
1992 | 34 | 13 | 20 | 83 | 122 |
1996 | 42 | 11 | 23 | 101 | 143 |
Source: U.S. Department of Transportation, Bureau of Transportation Statistics, special tabulation, September 2000.