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This week’s Thomas Index Report is sponsored by Carolina Scales Incorporated, an ISO-certified distributor and servicer of industrial weighing and measuring equipment.
Welcome to the Thomas Index Report for the week of September 28th.
As a quick reminder before we start today’s Index Report, you can find all of our COVID-19 resources and register your industrial business as a COVID-19 Response Supplier by visiting Thomasnet.com/COVID-19.
This week, we’re taking a look under the hood of truck scale sourcing data and the current state of the trucking industry.
Sourcing for truck scales on the Thomasnet.com platform has jumped 308% year-over-year and searches for the category are up 75% over Q2 averages.
While many sectors were forced to pause operations or pivot to remote work at the onset of COVID-19, truck drivers didn’t have that option – and COVID closures made their jobs even more challenging. As a critical link in the supply chain, the $792 billion industry needed to continue working to prevent disruptions in its annual shipment of almost 12 billion tons of freight.
Despite these initial difficulties and lower trucking demand earlier this year, industry publication Logistics Management says industry executives and analysts are pleased with the numbers for freight demand they’re seeing lately. The positive data trends are an improvement over previous performance data earlier this spring and into the summer amid widespread COVID-19 concerns.
Pitt Ohio President Chuck Hammel told the publication that his LTL company’s figures were “down 20%