The Market Pendulum




As Above, So Below





The Threat of Terrorism


www.tsa.gov/what_we_do/tsnm/highway/index.shtmRegistration Changes...and a Possible RiskExposure


www.ucr.in.gov












Across the Border




Truck Nation...How Big

The U.S. vehicle fleet includes 7.9 million trucks, 750thousand buses, 137 million cars, 4.9 million motorcycles and 84million other two-axle vehicles. The motor carrier industry, whichdoes not include the intra-city buses of the mass transit industry,consists of three primary stakeholder constituencies:

The $5 Billion U.S. MotorcoachIndustry

o Scheduled ($1.5 billion/year)
o Charter/Tour ($3.5 billion/year)
o 39,000 buses		o 190,000 jobs (122,000 full-time)
o 3,600 bus companies (90% are small
operators with fewer than 25 buses)
o 630 million passengers annually

The School Bus Industry

o Largest fleet of public vehicles in the U.S.
o Transports 25 million students daily		o 460,000 school buses
o Travels 4 billion miles annually for
an estimated 10 billion student trips

The Motor Carrier Freight Industry

o 1.2 million motor carriers in the U.S.
o 9.7 million workers including 3.3 million drivers
o 15.5 million trucks that operate in the U.S.		o 40,000 new motor carriers annually
o 42,000 HAZMAT trucks
o 75% of U.S. communities depend
solely on trucking for the movement of commodities

Source: Transportation Security Administration

David Golden is director of commercial lines at the PropertyCasualty Insurers Association of America. He is a member of theindustry advisory committees for both the National Conference ofState Transportation Specialists and the Unified CarrierRegistration Board of Directors.

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