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July 10, 2013
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Top Stories In This Issue
June Truck Orders Up 13%

Orders for Class 8 trucks totaled 18,900 units, up 13% when compared to the same month last year, according to ACT Research. Compared with May, however, orders finished lower. Similar to Class 8, June's medium-duty orders exhibited the same pattern of year-over-year growth. The preliminary tally of Classes 5-7 orders shows a month-over-month decline to 14,900 units, but a 6% increase compared to June 2012. Based on truckers' historical ordering patterns, activity typically slows in the May to September time frame.
Source: Trailer/Body Builders

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Trucking Conditions Remain Strong

FTR's Trucking Conditions Index (TCI) for May as reported in the July 2013 Trucking Update at 12.4 is unchanged from the previous month, and continues to reflect a positive environment for trucking. The TCI is designed to summarize a full collection of industry metrics, with a reading above zero indicating a generally positive environment for truckers. Readings above 10 signal volumes, prices, and margins are likely to be in a solidly favorable range for trucking companies.
Source: Successful Dealer

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DOT Report Shows Freight Shipments Higher in May Than April

The amount of freight carried by the for-hire transportation industry rose 1.2% in May from April, rising after a one-month decline, according to the U.S. Department of Transportation Freight Transportation Services Index. The May 2013 index level (114.3) was 20.6% above the April 2009 low during the most recent recession. The level of freight shipments in May was only 0.8% shy of matching the all-time high level of 115.2 in December 2011. (TSI records begin in 2000.) The April index was revised to 112.9 from 112.4 in the previous release. Monthly numbers for each month from December through March were also revised, showing slightly higher index levels.
Source: Heavy Duty Trucking

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Federal Limits on Truck Drivers' Hours Fuel Controversy

Industry divided over rules that place a firmer cap on the number of hours

After only two years of truck driving, Andrew Harris understands the need for regulation in his industry. Because he is based out of Texas, stopping outside of Nashville is part of his regular routine to reach the Northeast. He doesn't think the new hours-of-service mandate for truck drivers that started July 1 will negatively affect him or his work. "Without regulation, I feel like all of us truck drivers, including myself, would be out here running wild going after load after load, especially if you are getting paid off a load basis," Harris said. "I mean if there was no regulation, I would try to hit Nashville to Texas, drop off my load, get another load and do it again." The trucking industry is divided over new federal requirements that place a firmer cap on the number of hours drivers can be on duty. Meant to curb the number of fatalities on highways and improve the health of fatigued drivers, the rules could limit how much money they can make and open truckers to stiff new penalties for driving too long.
Source: The Tennessean

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FMCSA Announces $1 Million to Train Veterans, Military Families

The U.S. Department of Transportation's Federal Motor Carrier Safety Administration announced almost $1 million in new grants to help train veterans and military families for jobs in the transportation industry. The grants were awarded to six colleges across the country as part of the Commercial Motor Vehicle Operator Safety Training grant program. The Bureau of Labor Statistics lists commercial trucking as a high-demand job, with more than 300,000 additional positions expected by 2020.
Source: Heavy Duty Trucking

Editor's note: Lt. General Russel L. Honore (Ret.), commandor of Joint Task Force Katrina and Global Preparedness Authority, is scheduled to speak at the 2014 ATD Convention in New Orleans, Jan. 24-27. Registration opens July 22. For more information, visit www.atdconvention.org. NADA is also a supporter of the U.S. Chamber of Commerce Foundation's Hiring Our Heros program, which helps veterans find jobs.

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Top Stories
June Truck Orders Up 13%
Trucking Conditions Remain Strong
DOT Report Shows Freight Shipments Higher in May Than April
Federal Limits on Truck Drivers' Hours Fuel Controversy
FMCSA Announces $1 Million to Train Veterans, Military Families
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