The waiting time distribution w(τ ), i.e. the probability for a delay τ between two subsequent transition ('jumps') of particles, is a statistical tool in (quantum) transport. Using generalized Master equations for systems coupled to external particle reservoirs, one can establish relations between w(τ ) and other statistical transport quantities such as the noise spectrum and the Full Counting Statistics. It turns out that w(τ ) usually contains additional information on system parameters and properties such as quantum coherence, the number of internal states, or the entropy of the current channels that participate in transport.