Texas Trucking Companies to Hold the Line on Expenditures in 2013

Mon Feb 18, 2013 2:42pm EST

* Reuters is not responsible for the content in this press release.


Report by Texas Trucking Alliance shows higher expected sales but more
conservative spending
SAN ANTONIO--(Business Wire)--
The 2012 Texas Trucking Industry Study shows Texas-based trucking companies
expect faster sales growth in the first half of 2013 but generally plan to be
more conservative in business expenditures during that period, according to the
Texas Trucking Alliance.

The study offers unique insight because it is based on responses from only
trucking companies that have their headquarters in Texas. In the study:

* Both large and small Texas-based trucking companies were more optimistic about
sales expectations than for the previous 12-month period;
* One third of companies expected to hire more truck drivers;
* 80% of companies expected to invest in safety training and personnel (up from
37%); and
* Trucking companies said they were less likely to add or replace trucks, with
more large companies stating they would hold off on vehicle expenditures than
smaller companies.

A large company was defined in the study as any company with 11 or more truck

"This is a positive forecast for the Texas trucking industry," said John D.
Esparza, president and CEO of TexasMotor Transportation Association (TMTA). "The
development that these numbers reflect speaks directly to the vitality and
essentiality of the industry and point to the many opportunities within trucking
for growth and jobs." TMTA is one of the largest state trade associations in the
nation representing the trucking industry.

The Texas Trucking Alliance commissioned the 2012 Texas Trucking Industry Study
to identify best practices in hiring, retention, benefits, and safety management
in the Lone Star State's truck transportation industry. The study is based on a
random sampling of the more than 15,000 Texas-based trucking companies.

About the Research

The 2012 Texas Trucking Industry Study is the second annual research study
commissioned by the Texas Trucking Alliance (TTA). The randomized telephone
survey was conducted by San Antonio-based Galloway Research Service in June
2012. It includes responses from 266 trucking company owners, CEOs and senior
executives at Texas-based trucking companies in the NAICS 484 category, which
includes more than 15,000 companies according to Dun & Bradstreet`s database.
The research results were weighted to match the proportions of large and small
companies and their geographic distributions across the state, and have a +/- 5
percent margin of error at the 90 percent confidence level. The complete study
is available for purchase at tmta.com.

About the Texas Trucking Alliance

The Texas Trucking Alliance is a collaboration between Texas Motor
Transportation Association, TMTA Foundation and three companies that have made a
commitment to strengthening the Texas trucking industry: The Bassett Firm
(Dallas), Business Financial Group (San Antonio), and SelecTransportation
Resources (Houston). The alliance was created to promote best practices in the
Texas trucking industry by producing distinct industry research, benchmarking
performance and educating industry executives and the public on trucking

for Texas Trucking Alliance
Aïssatou Sidimé-Blanton, RP,210-495-8474 ext. 203

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