Turnover at large TL carriers at 88%
April 11, 2012
In what the American Trucking Associations called a “surprising” drop in turnover, the average annualized turnover rate at large truckload carriers dropped a whole percentage point in the fourth quarter of 2011 to 88%. ATA defines large truckload carriers as those with $30 million or more in annual revenue. The surprising part was not the scope of the decrease so much as the fact that turnover did drop after a year of quarterly increases.
“This reprieve, while surprising, is likely temporary,” said Bob Costello, ATA chief economist. “As the economy continues to recover, freight volumes should continue to grow, which along with regulatory challenges related to hours-of-service and the government’s CSA fleet oversight program, will continue to cause the driver market to tighten and the turnover rate to rise.”
Turnover among large truckload fleets had risen to an annualized rate of 89% in the third quarter of 2011 after bottoming out at 39% in the first quarter of 2010. For all of 2011, the large truckload turnover rate averaged 83%, the highest average since 117% in 2007.
At small truckload firms with less than $30 million in annual revenue, the turnover rate dipped to 55% from 57% in the previous quarter. The fourth-quarter turnover rate for less-than-truckload fleets fell to 7% from 10% in the third quarter.
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Upgrade to a Premium MemberRecent Indicators
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Truck loadings grow in June
July 24, 2012
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May 30, 2012
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Trucking Conditions Index
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Conditions index dips after big improvement
December 14, 2012
Trucking Conditions Index moves higher in August
October 4, 2012
Trucking Conditions Index still under 5.0
August 31, 2012
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September 27, 2012
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June 19, 2012
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Diesel prices increase faster than expected
August 23, 2012
Diesel price outlook moves lower
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August 31, 2012
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July 31, 2012
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July 26, 2012
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New Truck Order Activity
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September 13, 2012
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Trucking Conditions Index rises sharply
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Trucking Conditions Index moves higher in August
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August 31, 2012
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GDP Outlook
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GDP forecast moves lower
July 23, 2012
GDP forecast risks are rising
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GDP forecast relatively unchanged
May 18, 2012
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Industrial Production Outlook
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August 23, 2012
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Diesel Outlook
Diesel prices increase faster than expected
August 23, 2012
Diesel price outlook moves lower
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March 19, 2013
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Business Inventories-to-Sales
Business inventories rise in January
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Sales outpace inventories in November
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Inventories-to-sales ratio holds steady
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Inventories grow leaner relative to sales
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Manufacturing Orders
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Durable goods orders fall 5.7%
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Durable goods orders up 4.6%
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Retail Sales
Retail sales edge higher in April
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Retail sales up in November
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July 16, 2012
Retail sales nearly flat in April
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ISM Manufacturing Index
ISM: Manufacturing growth slows in April
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ISM: Manufacturing growth slows in March
April 1, 2013
ISM: Manufacturing sector strong in February
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ISM index rises in January
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ISM manufacturing index rises in December
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Driver Labor Index
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September 13, 2012
FTR Driver Labor Index drops in July
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FTR Driver Labor Index ticks up
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FTR Driver Labor Index jumps
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September 13, 2012
Driver shortage rises slightly in Q2
August 15, 2012
Driver shortage staying moderately tight
July 16, 2012
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Truck Transportation Payroll Employment
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Trucking adds 5,600 jobs in February
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New Truck Order Activity
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Preliminary truck orders rebound in August
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Truck lead times steady in April
May 23, 2012
Truck lead times shorten
April 24, 2012
Truck Utilization Outlook
Truck utilization stays near 95% in July
August 29, 2012
Truck utilization unchanged in June
July 26, 2012
Truck utilization steady in May
July 2, 2012
Truck utilization rises again in April
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September 8, 2011
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September 13, 2012
Intermodal loadings up 0.2% in June
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Intermodal loadings strong in May
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Intermodal loadings growth below expectations
June 6, 2012
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Intermodal Rates Outlook
Intermodal rates slowed during 2011
June 12, 2012
Intermodal rates are staying strong
October 5, 2011
Intermodal rates accelerated during Q2
August 31, 2011
Intermodal rates have eased recently, but will stay strong
July 11, 2011
Intermodal rates remain strong, ready to surge
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West Coast Port Activity
Port activity fell in July
September 5, 2012
Port activity up for 4th straight month
August 8, 2012
Port activity shows seasonal growth
July 9, 2012
Port activity strong in April
June 12, 2012
Port activity rebounded in March
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Dry Van
Dry van loadings continue growth in July
September 27, 2012
Dry van loadings up in June, Q2 revised higher
July 25, 2012
Dry van loadings up 0.3% in May
July 5, 2012
Dry van loadings up 0.7% in April
May 31, 2012
Dry van loadings flat in March
May 3, 2012
Refrigerated
Refrigerated loadings rebound 0.6% in July
September 27, 2012
Refrigerated loadings drop 0.5% in June
July 25, 2012
Refrigerated loadings up 0.2% in May
July 5, 2012
Refrigerated loadings up in April but outlook reduced
May 31, 2012
Refrigerated loadings flat in Q1
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Flatbed
Flatbed loadings surge 1.9% in July
September 27, 2012
Flatbed loadings up 0.4% in June
July 25, 2012
Flatbed loadings up 0.6% in May
July 5, 2012
Flatbed rebounded 1.7% in April
May 31, 2012
Flatbed loadings drop in March
May 3, 2012
Tank
Tank loadings drop 0.2% in July
September 27, 2012
Tank loadings jump 1.1% in June
July 25, 2012
Tank loadings unchanged in May
July 5, 2012
Tank loadings jump in April
June 4, 2012
Tank loadings dip in March
May 3, 2012
Bulk / Dump
Bulk/dump loadings jump 1.3% in July
September 27, 2012
Bulk/dump loadings down 0.6% in June
July 25, 2012
Bulk/dump loadings up 0.2% in May
July 5, 2012
Bulk/dump loadings up in April
June 4, 2012
Bulk/dump loadings drop sharply
May 3, 2012
Automotive loadings fall 2.7% in July
September 27, 2012
Bulk aggregates loadings up 1.1% in July
September 27, 2012
Construction loadings improve in July
September 27, 2012
Chemical loadings better than expected, still down
September 27, 2012
Food loadings up 0.5% in July
September 27, 2012
Dry Van
Dry van rates are easing but still strong
April 25, 2012
Dry van rates hit double-digit gains in Q2
September 1, 2011
Dry Van rates are improving, should be strong this fall
June 7, 2011
Refrigerated
Refrigerated rates remain relatively stable
May 3, 2012
Growth in refrigerated rates remains stable
September 1, 2011
Reefer rates are growing, outlook is slightly less robust
June 7, 2011
Flatbed
Flatbed rates stay strong to start 2012
April 25, 2012
Flatbed rates are staying strong
October 5, 2011
Flatbed rates continue to remain strong
July 18, 2011
Tank
Tank rates are down so far in 2011
September 8, 2011
Tank rates have been weak, finally growing
May 11, 2011
Bulk / Dump
Intermodal
Intermodal rates slowed during 2011
June 12, 2012
Intermodal rates are staying strong
October 5, 2011
Intermodal rates accelerated during Q2
August 31, 2011
Intermodal rates have eased recently, but will stay strong
July 11, 2011
Intermodal rates remain strong, ready to surge
May 11, 2011
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