Fleet Management News & Business Info | Commercial Carrier Journal
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journal truckgauge Trucking sheds 6,900 jobs in March Indicators • U.S. retail and food service sales dropped 0.4 percent in March from February. Sales were up 2.8 percent year over year. • New orders for manufactured goods rose 3 percent in February compared to January. Excluding transportation equipment, new orders increased 0.3 percent. • Spending on construction was up 1.2 percent in February from January and 7.9 percent higher than February 2012. Private construction spending was up 1.3 percent, while public construction spending was up 0.9 percent. 1,500 in thousands 1,200 900 600 9 300 b month ev e r 7 8 1 0 t es 6 6.49 5 4 1 = worst 10 = best As reported in the March 2013 edition of the Randall-Reilly MarketPulse Report, the Carrier Sentiment Index for March was 6.49 – up from the 6.07 reported for February. 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 6.57 (up from 5.97 in February), while the level for those with 10 to 100 power units was 6.30 (almost unchanged from 6.28 in February). The entire report is available for $99 at www.rrmarketpulse.com. 72% in March 1 Source: bureau of labor statistics 2013 er 3 2012 2 month ev 2011 st 2010 or 2009 Trucking companies reduced their payrolls by 6,900 jobs on a seasonally adjusted basis in March — the most since April 2009 and only the fourth month-tomonth decline since March 2010. The overall economy added just 88,000 nonfarm jobs — the smallest monthto-month increase since June 2012. The national unemployment rate dipped to 7.6% — the lowest since December 2008. Trucking employment in March totaled 1.3731 million jobs – up 139,100 jobs, or 11.3%, from the bottom in March 2010, but 80,300 jobs, or 5.5%, below the peak in January 2007. w 0 Carrier Sentiment Index edges higher in March Source: Randall-Reilly MarketPulse report Cut through CSA complexities and ramp up fleet score success with EOBRs that go above and beyond. For more CSA insight visit: peoplenetCSA.com 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 CCJ_0513_truckgaugespread_2.indd 19 | may 2013 19 4/24/13 8:49 AM