CCJ MarketPulse – June 2017

Updated Aug 24, 2017

Here are the key findings from the June 2017 CCJ MarketPulse survey:

  • Carrier sentiment for business conditions was 6.47, off slightly from the year-long high recorded in May.
  • Respondents with up to 100 power units rated June at 6.15, while respondents from fleets with more than 100 power units rated June at 6.6.
  • Month-over-month business conditions improved slightly from May to June, with 32.3% of all respondents saying it was better and 1.5% saying it was much better. Survey respondents remain optimistic about business conditions in the next six months, with 79.5% forecasting improvement (87.5% of those with more than 100 power units and 60% of those with up to 100 power units). No survey respondents believe business conditions will worsen in the same time frame.
  • 0% of respondents from fleets with up to 100 power units and 58.3% of respondents from fleets with more than 100 power units plan to add full-time employees in the next six months, while 29.4% of all respondents plan to maintain current employment levels.
  • 8% of respondents with more than 100 power units plan to increase the size of their fleets in the next six months, compared to just 20.0% of respondents with up to 100 power units.
  • In the last two months, driver availability has soared as the top concern for 70.5% of all respondents (49.7% in April), while freight volume has fallen as a top concern, from 15.5% to just 3.0% in the same time frame. Freight pricing is the top concern for 20.6% of all respondents.

Click here to download the June 2017 CCJ MarketPulse report.