Here are the key findings from the December 2017 CCJ MarketPulse survey:
- Carrier sentiment for business conditions in December 2017 was 7.0, down significantly from November 2017 (7.14).
- Respondents with up to 100 power units rated December at 6.8, while respondents from fleets with more than 100 power units rated December at 7.1.
- Month-over-month business conditions improved again in December, with 56.9% of all respondents saying it was better than November, including 7.7% saying it was much better. A whopping 93.8% of survey respondents forecasting improvement in the next six months (93.6% of those with more than 100 power units and 94.4% of those with up to 100 power units).
- 8% of respondents from fleets with up to 100 power units and 80.0% of respondents from fleets with more than 100 power units plan to add full-time employees in the next six months, while 24.9% of all respondents plan to maintain current employment levels.
- 6% of respondents with more than 100 power units plan to increase the size of their fleets in the next six months, compared to 38.9% of respondents with up to 100 power units.
- Driver availability is the top concern for 89.1% of all respondents, well ahead of cost of labor (4.7%) and the freight pricing (3.0%).
Click here to download the full December 2017 CCJ MarketPulse report.
