November 2014

  • Business conditions in November were down across the board from October, with small carriers less optimistic than larger carriers. Overall, 28.4% of respondents said business was better or much better and 35.0% saying it was the same. 34.2% of respondents with more than 100 power units said business was better in November vs. October, compared to 18.2% of respondents with up to 100 power units. Conversely, 45.5% of respondents with up to 100 power units said business conditions were worse in November vs. October, compared to 31.6% of respondents with more than 100 power units.
  • 6% of all respondents said May business conditions were better than May 2013 (including 68.4% of larger fleet respondents), and 66.7% expect business to be better or much better in the next six months, adjusting for seasonality.
  • 7% of respondents plan to increase the size of their fleets – 45.5% of respondents with up to 100 power units, 47.4% of respondents with more than 100 power units – and 40.0% of all respondents plan to replace aging equipment without changing fleet size over the next six months.
  • Driver availability again comes in as the top concern at 78.3% for all respondents, followed by freight pricing (5.0%) and the political climate in Washington (3.3%).

Jeff Crissey is Fusable's content director for OEM/Aftermarket and is responsible for coordinating special editorial projects and events for the company's Commercial Carrier Journal, Equipment World and Overdrive brands. Prior to this role, Crissey served as editor of CCJ for 10 years. He holds a Bachelor's Degree from Auburn University and has been a member of Fusable's editorial staff for 27 years, where his coverage of industry topics has earned numerous regional and national awards over the years. Before joining Fusable, Crissey was a production assistant at CNN in Atlanta.