The Journal of Commerce For-Hire Trucking Employment Index remained flat at 95.8 in May, after rising eight-tenths of a percent in April to its highest reading since September 2008.
The 95.8 index reading indicates the drive to add more drivers, dock workers and other personnel stalled at for-hire truckload and less-than-truckload carriers last month. But those carriers are less than 5 percent short of their pre-recession employment levels in late 2006 and early 2007.
The index, based on seasonally adjusted data from the U.S. Bureau of Labor Statistics, which surveys more than 110,000 for-hire motor carriers a month, has climbed steadily over the past year.
The index dropped in only two of the past 12 months, and three out the last 24 months, climbing six percentage points from 89.8 in May 2011. The index bottomed out at 85.3 in March 2010.
Trucking employment increased 3 percent year-over-year in May, according to the BLS, after rising 3.5 percent in April, 2.7 percent in March, 3 percent in February and 3.5 percent in January.