Fleet Management News & Business Info | Commercial Carrier Journal
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journal truckgauge Trucking adds 5,000 jobs in January Indicators • U.S. retail and food service sales ticked up 0.1 percent in January from December. Sales were up 4.4 percent year over year. • Industrial production dipped 0.1 percent in January from December. Manufacturing output decreased 0.4 percent in January following upwardly revised gains of 1.1 percent in December and 1.7 percent in November. • Spending on construction in December was 0.9 percent higher than November and 7.8 percent higher than December 2011. Private construction spending was up 2 percent, while public construction spending was down 1.4 percent. 1,500 in thousands 1,200 900 600 9 300 b 1 0 month ev e r 7 8 t es 2013 6 5.85 5 4 1 1 = worst 10 = best As reported in the January 2013 edition of the Randall-Reilly MarketPulse Report, the Carrier Sentiment Index for January was 5.85 – up from the 5.75 reported for December. 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 5.76 (up from 5.73 in December), while the level for those with 10 to 100 power units was 5.76 (down from 5.81 in December). The entire report is available for $99 at www.rrmarketpulse.com. 72% in January er 3 Source: bureau of labor statistics 2012 2 month ev 2011 st 2010 or 2009 For-hire trucking companies added 5,000 payroll jobs in January on a seasonally adjusted basis as the overall economy added 157,000 nonfarm jobs. BLS also revised its data from recent years, showing that hiring over the past year was stronger than originally thought. Payroll employment in trucking in January totaled 1.375 million jobs — up 0.36% from December and 3.6% from January 2012. Trucking employment was up by 141,100 jobs, or 11.4%, from the bottom in March 2010, but it remains 78,300 jobs, or 5.4%, below the peak in January 2007. w 0 Carrier Sentiment Index edges higher in January 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 | march 2013 23 1/23/12 3:01 PM CCJ_0313_truckgaugespread.indd 23 2/20/13 11:01 AM