As a part of the Illinois Trucking Association (ITA), Matrix receives weekly trucking statistics for the companies in Illinois. Here is what their survey shows for the week of July 11, 2022. If you want to learn more about ITA, you can check “Our Partners” page.
Illinois weekly trucking index:
FLASH INDEX
The Illinois Trucking Flash Index gained 1.5 points this week to 87.65 on a scale where readings above 100 indicate economic growth and readings below 100 indicate a shrinking economy. This is the 11th straight week below 100 for the Flash Index.
Load Volumes Remain Largely Flat:
WEEK OVER WEEK
• 9% of carriers said their loads hauled last week were HIGHER than the previous week, compared to 31% in ITA’s last week’s survey.
• 53% of carriers said their loads last week were FLAT week over week compared to 35% last week.
• 38% of carriers said their load count last week was LOWER (35% in last week’s survey).
WEEK AHEAD
• 35% of carriers expect their number of loads to INCREASE this week, compared to 27% last week.
• 47% of carriers expected their load volume for the coming week to be FLAT (35% last week).
• 18% of carriers expected their number of loads to DECREASE (38% last week’s survey).
Hiring Still Very Challenging
In the new ITA Hiring Index, a measure of how difficult it is to find workers, motor carriers report that it is harder to fill positions this month. On a scale of 1-5 where 5 means it is extremely difficult to find workers, this month’s ITA Hiring Index is 3.76, worse than June’s reading of 3.64.
• The July ITA Hiring Index is 3.76, compared to 3.64 in June and 3.84 in May.
o 32% of carriers said it is EXTREMELY DIFFICULT to find workers (18% in June, 34% in May)
o 26% of carriers said it is VERY DIFFICULT to find workers (52% in June, 39% in May)
o 32% of carriers said it is SOMEWHAT DIFFICULT to find workers (15% in June, 11% in May)
o 3% of carriers said it is NOT DIFFICULT to find workers (6% in June, 8% in May)
o 6% of carriers said they DO NOT NEED MORE WORKERS RIGHT NOW (9% June, 8% May)
Are you a trucking carrier in Illinois? Which part of the trucking statistics resonates with you best?