According to the Q3 2011 Fleet Sentiment Report, conducted by CK Commercial Vehicle Research, 40% of responding fleets say they are already feeling the impact of the shortage of qualified drivers. Another 25% indicate they believe the shortage of good drivers will affect their ability to grow in the future.
Of those reporting an immediate concern, three quarters need drivers to fill current vacant seats, 63% say it is limiting their ability to add capacity and 42% are changing the way they deploy their fleet such as targeting more regional and local freight opportunities instead of long haul loads.
“Freight demand is good among the majority of fleets that report to us, but some could definitely haul more if they could find good drivers,” explains CKCVR founder, Chris Kemmer. “Even for those that have a full complement of drivers now there is concern that this scarce resource will likely impact their future growth potential.”
Additionally, CKCVR’s Q3 2011 Fleet Sentiment Buying Index, a measure of the number of fleets planning to place orders for power units and trailers in the next three months, rose to 104.3. The increase came exclusively from an added number of fleets planning trailer orders.
The FSR Buying Index Table can be accessed at www.ckcvr.com
CKCVR regularly polls a group of small, medium and large for-hire, private and government fleet operators about their equipment purchasing plans and overall fleet environment. The quarterly Fleet Sentiment survey includes questions about short and longer term equipment buying plans, preferred OEM, new specs, current fleet capacity vs. freight demand, equipment utilization rates including the percent of parked vehicles, 2010 emission engine choices, the impact of a driver shortage and a product discussion.
Complete survey results are reported in the Fleet Sentiment Report, a quarterly report of CK Commercial Vehicle Research. For more information about the Fleet Sentiment Report, visit www.ckcvr.com/FSR.html.
Printer Friendly Version
Email This Story
Economy: Related News
8/5/2011 – Survey Shows Driver Shortage Limiting Hauling Capacity, Growth Potential
According to the Q3 2011 Fleet Sentiment Report, conducted by CK Commercial Vehicle Research, 40% of responding fleets say they are already feeling the impact of the shortage of qualified drivers….
8/5/2011 – July Preliminary Net Class 8 Orders Lowest Since September 2010
Preliminary data just released by FTR Associates shows July Class 8 truck total net orders for all major North American OEM’s at 18,532, the lowest monthly total since September of 2010….
8/3/2011 – DOT Says Surface Trade with Canada and Mexico Rose 15.7% YoY in May
Trade using surface transportation between the United States and Canada and Mexico was 15.7% higher in May 2011 than in May 2010, totaling $77.3 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation….
7/29/2011 – Containerized Imports Drop 1.7% in June
Containerized ocean imports moving through U.S. seaports in June declined 1.7% year-over-year, but were still up 6.3 percent in the first half of the year, reported The Journal of Commerce/PIERS….
7/14/2011 – ATA Outlook: Cautious Optimism
The American Trucking Associations delivered its second quarter report Tuesday, outlining an industry, and an economy, struggling to overcome recession.
Chief Economist Bob Costello pulled no punches about our precarious recovery, yet offered a generally bright look toward the future in the webinar.
“In terms of a summary, I am cautiously optimistic that we can have a better second half of the year,” Costello said. “But it is not a given.”…
7/14/2011 – Ceridian-UCLA Pulse of Commerce Index Up 1% In June
The Ceridian-UCLA Pulse of Commerce Index, issued by the UCLA Anderson School of Management and Ceridian Corporation, rose 1% in June on a seasonally and workday adjusted basis….
7/11/2011 – Spot Freight Index Up Over Month, Year
In June 2011, TransCore’s spot freight index marked the sixth consecutive month with the highest same-month spot market freight availability. June also recorded the second-highest volume of any single month in the 15-year history of the Index….
6/29/2011 – Truck Tonnage Index Falls 2.3% in May
The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index dropped 2.3% in May after decreasing a revised 0.6% in April….