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Wednesday, October 26, 2005 For-hire motor carriers of freight, annual supplement: Financial statistics2004An estimated 3,100 for-hire motor carriers of freight earn at least $1 million annually. In 2004, their operating revenues totalled $24.0 billion and their operating expenses totalled $22.6 billion, for an operating ratio of 0.94 (any ratio over 1.00 represents an operating loss). The net profit of the for-hire carriers of freight in 2004 ($668 million) was up by more than 18% from 2003 ($564 million), closer to the level observed in 2002 ($711 million). The operating profit margin was set at 6.1%. Financial statistics on the for-hire motor trucking industry are available from the Annual supplement to the Quarterly Motor Carriers of Freight Survey. This supplementary survey provides aggregate measurements and other financial ratios based on a sample of 752 carriers. Available on CANSIM: table 403-0003. Definitions, data sources and methods: survey number 2742. For more information, or to enquire about the concepts, methods or data quality of this release, contact Ron Chrétien (613-951-8774; fax: 613-951-0009; ron.chretien@statcan.gc.ca) or Denis Pilon (613-951-2707; fax: 613-951-0579; denis.pilon@statcan.gc.ca), Transportation Division. |
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