Fleet Management News & Business Info | Commercial Carrier Journal
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journal truckgauge Trucking sheds 3,500 jobs in June Indicators • Industrial production increased 0.3% in June and was up at an annual rate of 0.6% for the second quarter. Manufacturing also rose 0.3% in June. • U.S. retail and food service sales increased 0.4% in June from May and 5.7% from June 2012. • New orders for manufactured goods rose 2.1% on a seasonally adjusted basis in May compared to April. Excluding transportation equipment, new orders increased 0.6%. • Spending on construction in May was up 0.5% from April and 5.4% higher from May 2012. Private construction spending was virtually flat, while public construction spending was up 1.8%. 1,200 b 6 6.71 5 in June 4 The for-hire trucking industry continued to pull back from its recent hiring binge, cutting another 3,500 payroll jobs in June. The reduction was on top of revised May figures to reflect a loss of 2,600 jobs. The economy as a whole added 195,000 jobs in June, and gains in April and May were revised upward to about that same number. Trucking employment is up by 145,700 jobs, or 11.8%, from the bottom in March 2010, but it remains 73,700 jobs, or 5.1%, below the peak in January 2007. 7 2013 1 2012 er 3 2011 2 month ev 2010 st Source: bureau of labor statistics 8 2009 or 900 1 0 9 t month ev er es 1 = worst 10 = best w in thousands 1,500 Carrier Experience Index improves in June As reported in the June 2013 edition of the Randall-Reilly MarketPulse Report, the Carrier Experience Index for June was 6.71 – up from 6.45 in May. Carriers of all sizes reported improvement, but the strongest gains came among carriers with 100 or fewer power units. 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 6.78 (up from 6.67 in May), while the level for those with 10 to 100 power units was 6.55 (up from 6.00 in May). The entire report is available for $99 at www.rrmarketpulse.com. 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 CCJ0813_TruckGaugeCharts.indd 29 | august 2013 29 7/24/13 2:34 PM