Fleet Management News & Business Info | Commercial Carrier Journal
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MARKETPULSE T he following information is obtained from the October 2013 Randall-Reilly MarketPulse Report, a survey of more than 200 senior executives at trucking companies who have agreed to participate monthly. The October 2013 MarketPulse Report received 92 completed responses from carrier executives. The entire report is available online for $99 at www.rrmarketpulse.com. If you would like to participate in the MarketPulse, please email Jeff Crissey at jcrissey@randallreilly.com. Holding steady Only 10.9 percent of survey respondents see their business doing worse in the next six months. 35.9 percent believe business will be better, and executives at larger fleets are slightly more optimistic. Much better Better Same – survey respondent 20 COMMERCIAL CARRIER JOURNAL | DECEMBER 2013 Up to 100 power units Worse More than 100 power units Much worse 0% I firmly believe the new HOS regulations have made every trucking company less efficient and/or productive. Combine this with driver turnover rate and driver shortage, the future is very challenged. Overall 10% 20% 30% 40% 50% 60% Time to buy? More fleet executives are looking to grow the size of their fleets, and carriers with more than 100 power units are more inclined to do so over the next six months. Increase the size of our fleet Replace aging equipment but keep fleet size the same Decrease the size of our fleet Make no change in our fleet OVERALL 41.3% UP TO 100 POWER UNITS 32.4% MORE THAN 100 POWER UNITS 46.6% 43.5% 2.2% 13.0% 41.2% 5.8% 20.6% 44.8% 0.0% 8.6%