Fleet Management News & Business Info | Commercial Carrier Journal
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SOURCE: BUREAU OF LABOR STATISTICS IN THOUSANDS ➡ TRUCKGAUGE JOURNAL Trucking adds 1,400 jobs in Aug. 1,200 1,220 1,240 1,260 1,280 1,300 1,320 1,340 Indicators • Industrial production fell 1.2% in August from July, but Hurricane Isaac's impact in the Gulf Coast region represents almost a third of that drop, according to preliminary estimates from the Federal Reserve. Manufacturing output decreased 0.7%. • New orders for manufactured goods increased 2.8% in July from June, according to prelimi- nary U.S. Census Bureau figures. Excluding transportation equipment, new orders increased just 0.7%. • Housing starts rose 2.3% in August from July to a seasonally adjusted annual rate of 750,000 – the second-highest level since October 2008. Permits dipped 1.0% to a seasonally adjusted annual rate of 803,000. 0 N Carrier Sentiment Index rises in August 2009 2010 2011 2012 For-hire trucking companies added 1,400 payroll jobs in August as the overall U.S. economy added 96,000 nonfarm jobs, according to the latest esti- mates from the Bureau of Labor Statistics. That' in August 6.47 s the weakest month-to-month growth in trucking since April, although BLS had revised July figures upward by 3,700 before calculating the August change. Payroll employment in trucking was 1.352 million jobs — up 0.1% over July and 3.8% over August 2011. Trucking employment is up by 117,000 jobs, or 9.5%, from the bottom in March 2010. 72% As reported in the August 2012 edition of the Randall-Reilly MarketPulse Report, the Carrier Sen- timent Index for August was 6.47 – up from 6.14 reported for July. 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 6.36 (up from 6.18), while the level for those with 10 to 100 power units was 6.76 (up from 6.05). 1 = WORST 10 = BEST 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: peoplenetonline.com/ThePowerTo A FLEET MANAGEMENT, MOBILE COMMUNICATIONS AND ONBOARD COMPUTING COMPANY ©2012 PeopleNet Communications. Write 240 on Reader Service Card or visit ccjdigital.com/info COMMERCIAL CARRIER JOURNAL | OCTOBER 2012 25 1/23/12 3:01 PM M 1 N R 2 E 3 4 5 6 7 8 T 9 T 1 O R B E E V S H M E W E O V S H T T O R