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Monday, July 7, 2003 For-hire motor carriers of freight, top carriersFirst quarter 2003The top 90 for-hire motor carriers of freight (Canada-based trucking companies earning $25 million or more annually) generated operating revenues of $1.93 billion and expenses of $1.84 billion in the first quarter. Average per-carrier revenue increased 0.5% from the first quarter of 2002, reaching $21.4 million. Average per-carrier expenses increased 0.6% to 20.4 million. The top for-hire carriers' operating ratio (operating expenses divided by operating revenues) was 0.95, similar to the first quarter of 2002. A ratio of greater than 1.00 represents an operating loss. Definitions, data sources and methods: survey number 2748. For more information, or to enquire about the concepts, methods or data quality of this release, contact Jean-Robert Larocque (613-951-2486; laroque@statcan.gc.ca) or Denis Pilon (613-951-2707; denis.pilon@statcan.gc.ca), Transportation Division. Fax: 613-951-0579. [an error occurred while processing this directive] |
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