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|
Source: U.S. Department of Transportation, Bureau of Transportation Statistics, special tabulation, September 2000.