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For-hire motor carriers of freight, all carriers
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For-hire trucking companies based in Canada with annual revenue of $1 million or more generated operating revenue of $7.6 billion in the third quarter, up 7.1% from the same quarter a year earlier.
Companies who primarily haul specialized freight posted a 12.8% increase in revenue, while general freight carriers saw their revenue grow by 2.2%.
Overall, trucking companies reported operating expenses of $7.1 billion in the third quarter, up 6.7% compared with the same quarter a year earlier. Although operating profits were up, the operating ratio (operating expenses divided by operating revenue) remained unchanged at 0.94 compared with the same quarter a year earlier.
Available on CANSIM: table 403-0002.
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 Client Services (toll-free 1-866-500-8400; fax: 613-951-0009; transportationstatistics@statcan.gc.ca), Transportation Division.
