Market Pulse

October 2011 trucking conditions

Most trucking executives found business conditions in October pretty much to be the same as September, but concern over the availability of qualified drivers grew even larger, according to the latest Randall-Reilly MarketPulse survey. Nearly 52% of survey participants said that business conditions were the same as September, while another 34% said conditions were either better or much better.
For the first time, more than half (50.6%) of all respondents identified a single issue — driver availability — as their No. 1 concern. Fuel costs – the No. 1 concern in February – ranked seventh in October behind driver availability, freight pricing, freight volume, the political climate in Washington, regulation and maintenance costs. The October survey included special questions regarding SCR-equipped engines indicating that executives generally were pleased with the fuel economy but somewhat concerned about the maintenance complexity and cost of the new technology.

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