February 2015

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Updated Aug 4, 2015
  • Business conditions declined again in February, dropping to 5.9 from 6.0. Although there was no month-to-month change for respondents with more than 100 power units (6.2), business conditions from respondents with up to 100 power units dropped to 5.4 in February from 5.7 in January. (Page 4)
  • Overall, 46% of respondents said business was better in February than January, while 40.5% said it was the same and 13.5% indicated it was worse. Respondents with more than 100 power units reported the most favorable month over month comparison with 48.9% saying February was better or much better than January. (Page 5)
  • 3% of all respondents said February business conditions were better or much better than February 2014 (including 51% of larger fleet respondents), and 75.7% expect business to be better or much better in the next six months, adjusting for seasonality. (Pages 5 & 6)
  • No respondents indicated plans to cut full-time or part-time employees or independent contractors in the next six months. 32% of respondents with up to 100 power units plan to add independent contractors, compared to 46.9% of respondents with more than 100 power units. (Pages 6 & 7)
  • Driver availability remains the growing top concern for all respondents at 84.9% (up from 79.5% in January), followed by freight volume (5.5%) and freight pricing (4.1%) as distant second- and third-rated top concerns. (Pages 7 & 8)