Fleet Management News & Business Info | Commercial Carrier Journal
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JOURNAL TRUCKGAUGE Trucking adds 2,500 jobs in Nov. Indicators New orders for manufactured goods increased 0.8% in October from September. Excluding transportation equipment, new orders increased 1.3%. 1,340 Housing starts in October were 3.6% above the September estimate and 41.9% above October 2011 to their highest level since July 2008. Permits for future residential construction were down 2.7% from September but 29.8% above October 2011. 1,320 Spending on construction in October was 1.4% higher than in September and 9.6% higher than in October 2011. Private construction spending was up 1.8%, while public construction spending was up 0.8%. 1,280 1,260 1,240 9 8 2011 2012 6 2010 6.22 in November 4 5 According to preliminary figures, for-hire trucking companies added 2,500 payroll jobs in November on a seasonally adjusted basis after a downward revision by 1,600 jobs of initial October trucking employment figures. Trucking employment is up by 124,200 jobs, or 10.1%, from the bottom in March 2010, but it remains 95,000 jobs, or 6.5%, below the peak in January 2007. The number of trucking jobs is up 3.1% since the beginning of the year. 2 MONTH EV 2009 ST ER 3 1 SOURCE: BUREAU OF LABOR STATISTICS ER OR 1,200 B 1 0 MONTH EV 7 1,220 T ES 1 = WORST 10 = BEST W IN THOUSANDS 1,300 Carrier Sentiment Index improves slightly in Nov. As reported in the November 2012 edition of the Randall-Reilly MarketPulse Report, the Carrier Sentiment Index for November was 6.22 ��� up from the 6.12 reported for October. The index assesses the month on a scale of 1 to 10, with 1 being the carrier���s worst month and 10 being the best. The index level for carriers with more than 100 power units was 6.33 (up from 6.00 in October), while the level for those with 10 to 100 power units was 5.97 (down from 6.39). Based on other data and comments in the survey, freight demand remains a bigger worry than it had been before October. 72% SOURCE: RANDALL-REILLY MARKETPULSE REPORT Miles go up. Costs go down. Tank empties. Bank fills. Impossible? Not with PeopleNet. We can see opportunities for MPG gains where others can���t. Guaranteed. Find out more and get the power too: Cut through CSA complexities and ramp up fleet score success with EOBRs that go above and beyond. For more CSA insight visit: peoplenetonline.com/ThePowerTo peoplenetCSA.com A FLEET MANAGEMENT, MOBILE COMMUNICATIONS AND ONBOARD COMPUTING COMPANY ��2012 PeopleNet Communications. A FLEET MANAGEMENT, MOBILE COMMUNICATIONS AND ONBOARD COMPUTING COMPANY ��2012 PeopleNet Text INFO to 205-289-3554 or visit www.ccjdigital.com/info COMMERCIAL CARRIER JOURNAL | JANUARY 2013 13