Gauges
16 OVERDRIVE JUNE 2009 Gauges Numbers that affect and reflect your business INCOME $2.33 $2.27 $2.16 $2.20 $2.26 May 11, 2009 $15,000 $14,000 $13,500 $12,000 $11,000 $10,000 $9,000 2007 2007 2007 Quarterly data points represent three-month averages. REVENUE PER MONTH INCOME PER MONTH TOTAL COSTS PER MONTH (COMBINED) 2008 2008 2008 2009 2009 2009 $5,500 $5,000 $4,500 $4,000 $3,500 $12,000 $11,000 $10,000 $9,000 $8,000 $7,000 National average: $2.22 $5.00 $4.00 $3.00 $2.00 $1.00 U .S. Depar tment of Ener gy May 10 May 10 May 11 1999 2004 2009 Fleet equipment orders for the second quarter were expected to be weak, though improv-ing, according to a survey by CK Commercial Vehicle Research, based in Columbus, Ohio. Analysts found that pri-vate, food ser-vice fleets are the most likely companies to make purchases now. Most of the equipment slated for purchase is for replacement, not for added capacity, says CK analyst Chris Kemmer. As the economy struggled and fuel prices fell, revenue and total costs dropped across all haul-ing segments from late 2008 to early 2009 for clients of Denver-based business services pro-vider ATBS. DRY VAN FLATBED REEFER Equipment orders rise SHIPPING RATES Average rates rose by 13 cents from March to April in the reefer segment, while falling by 1 cent in both dry van and flatbed divi-sions. The averages, provided by Internet Truckstop, include fuel surcharges. $2.50 $2.25 $2.00 $1.75 $1.50 $1.25 $1.00 April April April DRY VAN FLATBED REEFER DRY VAN FLATBED REEFER 2007 2008 2009 BORDER TRADE Surface trade between the United States and its North American Free Trade Agreement partners Canada and Mexico rose 1 percent from January to $47.9 billion in February, but dropped 31 per-cent from a year ago. It was the largest year-to-year percentage decrease on record, according to the U.S. Department of Transportation. Diesel prices at mid-May hovered at lows last recorded four years ago. Fuel is expected to average $2.27 per gallon this summer, $2.30 for the year, according to the U.S. Dept. of Energy. $80* $70 $60 $50 $40 *Billions Feb. 2008 Aug. 2008 Feb. 2009 TRUCKING POPULATIONS Owner-operator businesses decreased by 9 percent in 2008 to 159,400 due to high diesel fuel prices and weak freight vol-umes, according to the 2009 Owner-Operator Market Behavior Report, produced by Commercial Motor Vehicle Consulting. Analysts expect a rebound by 2010, if not sooner. Among fleets of five or more trucks, more than 3,000 failed in 2008, according to Avondale Partners and other sources.