Source: ATA ATA’s Flatbed Freight Loads Index Year-over-year Percent Change; Through February 2007
Sources: ATA’s Trucking Activity Report & AAR 2007 Started Poorly Year-to-date percent change through February
Source: ATA ATA’s For-Hire Truck Revenue Index 2000=100 ; Through February 2007 Costs: Engines Drivers Congestion
Source: ATA ATA’s For-Hire Truck Revenue Index Year-over-year Percent Change; Through February 2007
Source: ATA Real Revenue per Mile 1980=100 In 2006, real revenue per mile was still 30 percent lower than in 1980.
Source: U.S. Freight Transportation Forecast to…2017 Billions of Tons +31% +72%+79% +29% +21% +27% Total Percent Increase 2005 to 2017 Projected Growth in Freight Transportation Tonnage: 2005 to 2017
Sources: U.S. Freight Transportation Forecast to…2017 & ATA Growth in the Commercial Truck Population Total Increase from 2005 to 2017; Millions of Trucks +40% +32%
Source: ATA’s Trucking Activity Report Growth in TL Fleet vs. Demand 2006 Increase
Sources: WardsAuto.com and ATA U.S. Class 8 Truck Sales ?
Capacity Conclusions Capacity likely to tighten throughout the year Capacity likely to tighten throughout the year Fundamentals still support tighter capacity (driver shortage) Fundamentals still support tighter capacity (driver shortage) 2007 Class 8 truck sales are expected to be significantly lower than 2006 2007 Class 8 truck sales are expected to be significantly lower than 2006
Drivers… The shortage continues and it is the #1 constraint to increasing capacity
Today’s Driver Shortage: Long-haul Truckload Drivers Source: Global Insight, Inc. for ATA
Freight Corridors & Top 200 Bottlenecks: Cost to the Trucking Industry 243 Million Hours Lost Annually Cost $7.8 Billion/year Physical bottlenecks account for 40% of congestion Source: FHWA
Truckload Productivity: Index of Miles per Truck per Month: 2000 = 100 Trucking productivity is slipping due to: Congestion Driver Home Time Falling Average Length of Haul Hours of Service Rule Changes Source: ATA