Fleet Management News & Business Info | Commercial Carrier Journal
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IN THOUSANDS TRUCKGAUGE JOURNAL Trucking adds 40,100 jobs in 2011 1,300 1,275 1,250 1,225 1,200 2010 2011 2012 Preliminary data from the Bureau of Labor Statistics shows that the for-hire trucking industry added 5,100 new payroll workers in December, bringing the total for 2011 to 40,100 – a 3.2% increase. The payroll employment level of 1.296 million is up by 68,800 jobs, or 5.6%, since hitting bottom in March 2010. Grow fleet No change Shrink More than half – 52% – of the participants in Randall- Reilly's monthly MarketPulse survey said in December that they planned to increase the size of their fleets within the next six months. Nearly another third – 31% – said they planned to replace aging equipment but keep fleet size the same, while 15% planned no changes. Indicators The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index increased 0.3% in November from October. Housing starts rose 3.4% in 2011 over 2010, although the 606,900 starts in 2011 were well below the 1.5 million average since the U.S. Census Bureau began keeping records in 1959. Permits authorized for privately owned housing units were up 1.2%. The Ceridian-UCLA Pulse of Commerce Index increased 0.2% in December on a season- ally and workday adjusted basis following a 1.0% increase in November. Poised for growth Replace equipment only 31% 52% 15% 2% 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: peoplenetonline.com/ThePowerTo A FLEET MANAGEMENT, MOBILE COMMUNICATIONS AND ONBOARD COMPUTING COMPANY ©2012 PeopleNet Communications. COMMERCIAL CARRIER JOURNAL | FEBRUARY 2012 21