For the second straight month, employment in the for-hire trucking industry sank, as 3,500 jobs were shed in June, according to estimates from the U.S. Bureau of Labor Statistics.
In economic barometers for the trucking industry released in the past week, trucking employment continued its years-long gains and Class 8 orders surged.
The December employment report released this week by the Bureau of Labor Statistics shows trucking added 4,200 jobs.
FTR Associates Shippers Conditions Index improved in October from September, but the research firm forecasts that conditions at the end of 2012 and into 2013 will worsen.
The number of payroll jobs at for-hire trucking companies rose in November, as did the number of trailer orders.
The week's highlights in potential economic indicators all show positive growth for both the trucking economy and the U.S. economy as a whole.
For-hire trucking companies added 700 payroll jobs in September on a seasonally adjusted basis as the overall U.S. economy added 114,000 nonfarm jobs.
Economic activity in the manufacturing sector expanded in September following three consecutive months of slight contraction.
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