The Bureau of Labor Statistics reported today that for-hire trucking companies added 5,000 payroll jobs in the month, pushing the total number of trucking payroll employment to 1.375 million 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.
After returning to nearly pre-recession levels in 2012, the U.S. private and public sectors are on pace to finance more than $742 billion in equipment acquisitions in 2013, says forecast.
The number of payroll jobs at for-hire trucking companies rose in November, as did the number of trailer orders.
According to a recent survey of trucking executives, the combination of slow but steady growth in tonnage and fuel price volatility have the industry's mangers in somewhat of a holding pattern, described by GE Capital's ...
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.
In a month in which the U.S. economy added 171,000 jobs, for-hire trucking companies added 3,600 payroll jobs in October, according to estimates by the Bureau of Labor Statistics on Nov. 2.
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