Trucking news and briefs for Tuesday, Sept. 8, 2020:
Trucking added back 10,000 jobs in August
The for-hire trucking industry added 10,000 jobs on a seasonally adjusted basis in August, according to the Department of Labor’s monthly employment report. That’s the fourth straight month-to-month gain after the huge fallout in trucking employment — 96,700 jobs — in March and April.
Since then, and led by August’s leap, the industry has added back 18,900 jobs as freight volumes and the economy at large recover. Trucking industry employment totaled 1,449,500 in August — down 77,800 from the pre-pandemic high in February and down 67,100 jobs from the same month last year.
The economy as a whole added 1.37 million jobs in August, according to the Labor Department, and the unemployment rate fell to 8.4% — well down from April’s 14.7%, but well up from February’s 3.5%.
Major freight producing sectors like construction and manufacturing continued to add jobs, too. Construction added 16,000 jobs in the month, while manufacturing added 29,000. Likewise, the warehousing and storage sector, part of the broader transportation and warehousing sector, added 34,000 jobs in the month.
ATRI asks carriers to rank top trucking concerns
The American Transportation Research Institute launched today its 2020 Top Industry Issues Survey, asking trucking industry stakeholders to rank their top concerns for the industry along with potential strategies for addressing each issue.
The survey, in its 16th year, not only ranks the issues overall but also provides details on where critical topics are ranked differently by carriers and truck drivers. The report also allows stakeholders to monitor issues over time to better understand which issues are rising or falling.
The results of the 2020 survey will be released October 27, 2020 as part of the American Trucking Associations Virtual Management Conference & Exhibition.