Although labor issues remain a significant challenge for respondents to the National Private Truck Council's annual survey, they continue to report retention and turnover performance far better than their for-hire colleagues. This year, private fleets reported turnover at 16.9%, up a point and a half over last year’s 15.4% average turnover.
The stability of trucking employment over the past 14 years provides some evidence of a tight labor market for truck drivers—the demand for drivers has remained strong while the demand for workers with low levels of education has declined substantially in other sectors.
While it appears that truck drivers are at an earnings disadvantage relative to nondriving blue-collar workers, this disadvantage is only evidence of an earnings gap between light or delivery truck drivers and driver/sales workers, on the one hand, and blue-collar workers, on the other; point estimates of the earnings of heavy truck drivers exceed those of other blue-collar workers throughout the period.
As of September 1, 2019, pickup truck values rose from the drop experienced in August 2019, while Class 4-8 trucks all decreased on value compared to the same time last month.
The Freight Transportation Services Index (TSI), based on the amount of freight carried by the for-hire transportation industry, hit an all-time high of 138.7 in November 2018.
It's taking longer for loads to arrive, and the DOT currently projects the weight of goods moved by truck to rise by close to 34% by 2045.
As of August 1, 2019, pickup truck values are continuing to drop from their peaks in May and June.
Annual average wages of heavy tractor-trailor truck drivers by state and employment numbers by state are shared.
The price of crude oil has increased since last year, with regular gasoline increasing 10% and diesel only seeing an increase of 1%.
Average U.S. retail fuel prices for propane, ethanol, biodiesel, gasolin, diesel, etc., since 2000 are shared.
As of July 1, 2019, overall wholesale values for all pickups and Class 4-8 trucks started to shake up a little.
Statistics covering personal use in 2018. In this report, we cover personal-use policies, programs, and charges, which have remained flat.
Many states that have passed hand-held phone bans and texting bans provide for various exemptions for emergencies, law enforcement personnel, emergency medical technicians, firefighters, state DOT employees, etc.
Large truck crashes by operation classification have continued to increase from 2012 to 2016.