The Market Pendulum




As Above, So Below





The Threat of Terrorism


www.tsa.gov/what_we_do/tsnm/highway/index.shtm Registration Changes...and a Possible Risk Exposure


www.ucr.in.gov












Across the Border




Truck Nation...How Big

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

The $5 Billion U.S. Motorcoach Industry

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 Property Casualty Insurers Association of America. He is a member of the industry advisory committees for both the National Conference of State Transportation Specialists and the Unified Carrier Registration Board of Directors.

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