Here are the key findings from the December 2016 CCJ MarketPulse survey:
- Carrier sentiment for business conditions in December fell slightly from November, from 5.71 to 5.68. Respondents with up to 100 power units rated December at 5.23, nearly half a point below last month’s survey, while respondents from fleets with more than 100 power units rated December at 5.85, up from 5.72 in November. (Page 4)
- Respondents reporting an improvement in month-over-month business conditions rose in December, with 35.8% saying it was better than November (27.3% of respondents from fleets with up to 100 power units and 40.0% of respondents from fleets with more than 100 power units). 18.5% of all respondents said December was worse than November. 59.3% of all respondents expect business conditions to improve over the next six months and 6.2% expect it to worsen. (Page 5)
- 63.6% of respondents from fleets with up to 100 power units and 47.5% of respondents from fleets with more than 100 power units plan to add full-time employees in the next six months, while 35.8% of all respondents plan to maintain current employment levels. (Page 6)
- 33.3% of respondents with more than 100 power units plan to increase the size of their fleets in the next six months, compared to 34.8% of respondents with up to 100 power units. (Page 7)
- Driver availability (50.7%), freight pricing (25.9%), freight volume (17.4%), and political climate in Washington (1.2%) round out the list of carriers’ top concerns. 59.1% of respondents from fleets with up to 100 power units list driver availability as their top concern compared to 47.5% of respondents from fleets with more than 100 power units. (Pages 7 & 8)
Click here to download the December 2016 CCJ MarketPulse report.
