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Dear {FName}, January 15 , 2012

Global Trucking Industry to Reach $230 Billion by 2015, According to a New Industry Report by Global Industry Analysts, Inc.

The trucking industry encompasses the dynamic interaction of several diverse industries focused on producing, transporting and distributing goods. Though truck enterprises traditionally focused on transporting goods from source to various destinations, the landscape has changed dramatically in recent years to include an umbrella of varied services tailored to suit the needs of different industries. Freight characteristics, multi jurisdictional regulations, safety regulations, economic forces, international trade, shipper and customer needs, and truck and trailer manufacturer improvements affect operations of the trucking industry. The industry operations are also governed by factors such as conditions in the industrial production sector, which are significantly influenced by recession/boom cycles in the economy. The deregulation of trucking industry has given rise to volatile market conditions for commercial fleets, where intense competition, particularly price based, threatens the existence of several independent carriers. In order to compete, these companies seek to enhance their economic efficiencies and market standing, as well as differentiate themselves by offering excellent customer service. The focus of industry is on operating in cooperation with other modes of transport to meet specific delivery requirements, as cost efficiencies can be combined to minimize overall costs incurred on freight transportation.

In the United States, the economic slowdown affected the trucking industry far more than the railroad sector. This is mainly due to the fact that unlike trucking industry, the railroad sector is more inclined towards transportation of non-cyclical commodities such as coal and agricultural products, which stayed relatively stable despite the economic crisis. The trucking industry, which is more dependent on manufacturing and retail demand, experienced comparatively steep decrease in volume during the economic slowdown. With the crisis compelling production shutdowns in several companies, demand for transportation of goods witnessed a considerable decline. Increase in fuel costs also accounted for the downward slide. Presently, the industry is witnessing renewed activity buoyed by a positive outlook in the economy and improved business conditions. Freight Act of 2010, intended to enhance efficiency and security of trucking, is also expected to offer better growth opportunities for transporters. Growth is expected to be propelled by increased manufacturing activity; indicated by increase in number of workers employed, enhanced retail sales, inventory stocking, growth in freight volumes and gradual increase in utilization rates.

China’s trucking industry is witnessing robust growth following the recovery of global markets, and increased export import opportunities. Long distance transportation is gaining prominence in China owing to rapid increase in unit freight mileage thereby bolstering the demand for high-end trucks that are required to transport shipment over a long distance. Demand for heavy-duty trucks with high fuel efficiency and better emission control systems is expected to escalate backed by various factors. Increase in diesel fuel taxes is projected to further the demand for fuel efficient vehicles. Also propelling demand for newer vehicles is the proposed harmonization of emission rules on par with that of Europe and the US compelling truckers to comply with international emission standards.

The research report titled “Trucking: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global trucking industry, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include United States, Canada, Japan, UK, Australia, and China among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit http://www.strategyr.com/Trucking_Industry_Market_Report.asp


TruckDriver.com
Carrier of the Month
Bolt Express

Bolt Express is one of the fastest growing transportation companies in the industry, and it’s no secret why. They take pride in their reputation as a quality service provider. They offer the reassurance of a company-managed fleet, with the capacity of a strong partner carrier network.

Bolt Express was started in 2001 after acquiring the assets of a small expedite carrier. With four employees and eleven trucks, a business plan was developed by Ben Bauman. That same business plan has remained the foundation of Bolt Express for the last 10 years. The plan was to build a company based on providing exceptional customer service, a strong partnership with their Owner-Operators and an aggressive growth strategy. Bolt Express has been very successful by focusing on those three aspects of business.

Bolt Express was recently recognized by INC. Magazine on their annual list of the 5000 fastest growing privately owned companies in America.  Bolt was ranked #1487.

Become part of the Bolt Express Family! With 24 hour dispatch, multiple locations in the U.S and state of the art communications, this is the place to start or grow your business!!!

Complete an online application by clicking HERE or call 1-800-545-4789 and talk to a recruiter today!

Joseph Rich Awarded Trucker Buddy of the Month for August 2011

The fifth grade class of Good Shepherd Catholic School in Santa Cruz nominates Tom Byl a driver for Walmart Transportation for the honor of Trucker Buddy Driver of the Month.

The class teacher, Ms. Cathie Gabrio said, “Mr. Byl has sent the class beautiful postcards from California, Arizona, Nevada, Utah, and Oregon. On the postcards, he has shared his adventures and activities during the months of September 2010 through May 2011. In addition to the cities he has visited, Mr. Byl has shared the wildlife and scenic beauty of the territory.

Along with the postcards, Mr. Byl has taken the time to write semi-monthly 3-5 page letters to answers in the class. He adividual questions, often directing them to the student asking. The students are always thrilled when Mr. Byl addresses them by name in his letter. Mr. Byl has shared with the class stories about his family, his home, and his hobbies.”

The class has been amazed with the distance Mr. Byl travels each week! They have calculated how many miles he drives in a week, month, and year and how much it costs to fill the truck up with fuel. They have enjoyed hearing about his truck and look forward to seeing it on his visit to school.

“Friday is our Trucker Buddy day. It usually begins with me sharing the letter and postcard(s) received. Students pass the postcard around while the teacher reads the letter aloud.
Students then take the time to write to Mr. Byl about what they have been doing and Mr. Byl responds with sensitivity and care. Mr. Byl is an important part of our Fifth Grade experience this year and the class and I feel he should be honored with the Trucker Buddy Driver of the Month Award. ”

Some students sent letters to express the reasons why Tom Byl should be selected:

“Mr. Byl sends us long letters. These letters are in detail. He answers our questions. When we read his letters we understand what he is saying.  We are so thankful we sent him some decorative cards.”

“Mr. Byl loves his job.  He has been working for Walmart for a long time.  He loves many of his friends he has made and is always prepared to work and is great at his job.”

“Mr. Byl is a wonderful guy with a wacky personality.  His moustache is super cool.  He travels a lot and every time he goes somewhere he sends us a post card or letter.  He has become a friend.”

“He always starts his letters with “Hi Kiddos!”  I like that. Whenever he writes he goes into details and the letters can be three pages long which means he puts a lot of thought into them.”

“Mr. Byl is so generous that he answers many of our questions and always has the patience to answer in such a way that we can understand.  He tells us about the places he’s been and the things he’s seen.”


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We kicked off the New Year with the TruckDriver.com Driver Referral Bonus Survey 

Does your company offer a Driver Referral Bonus?

Yes - 39%
No - 48%
Don’t Know - 13%

Anybody received one yet?

According to all reports, the economy, if not on the upswing, is at least beginning to stabilize and things should start looking up for the trucking industry. That got us thinking about miles (we know you are thinking about them too!) and that thought brought us to the TruckDriver.com Miles and Miles Survey

Are you getting any? Let us know. 

Until next time, keep on truckin’ and please drive safely.

* * * * *

Your Comments Are Always Welcome
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“The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.”

~ Martin Luther King, Jr. ~



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