Quarterly Trucking Survey

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Second quarter 2011 (Previous release)

Trucking businesses earned operating revenue of $10.5 billion in the second quarter, up 5.9% from the same quarter a year earlier.

These firms reported operating expenses of $9.4 billion in the second quarter, compared with $8.8 billion in the same quarter of 2010. Rising fuel expenses, up 19.4% in the second quarter, helped drive the overall increase in expenses from the same quarter a year earlier.

The increase in operating expenses (+7.7%) outpaced that of operating revenue, so that operating profit fell 8.3% to $1.03 billion. Smaller firms, which are those with annual revenue of less than $1.3 million, led the decline. Fuel expenses represent a larger share of total expenses for the smaller firms (34% compared with 17% for larger firms), which makes the profitability of smaller firms more vulnerable to fuel price fluctuations.

Note: Revisions have been made to the data from the Quarterly Trucking Survey for the second quarter of 2010 and the first quarter of 2011.

Available on CANSIM: tables 403-0005 to 403-0007.

Definitions, data sources and methods: survey number 2748.

For more information, to order data tables, or to enquire about the concepts, methods or data quality of this release, contact Client Services (toll-free 1-866-500-8400; transportationstatistics@statcan.gc.ca), Transportation Division.