January 2008 Roemer Report Notes Increase in Trucking’s Share of Nation’s Freight Pool

The U.S. Freight Transportation Forecast projects the trucking industry’s total tonnage share to rise from last year’s 69 percent to 69.7 percent in 2012 and to 70 percent by 2018.

January 8, 2008, Toledo, OH…The January edition of The Roemer Report discusses the projected growth in trucking’s share of the nation’s freight pool, as predicted by the American Trucking Associations in a recent news release. Despite a rough economic forecast for 2008, the ATA predicts a greater role for trucking in the coming years. The Roemer Report states that trucking within the United States accounted for $196 billion in U.S. motor carrier revenue, while revenue from transportation to Canada, Mexico, and other destinations amounted to $8 billion.

The Roemer Report is a monthly digest of news for the trucking industry read by fleet operators, owner-operators, and allied personnel. Often referred to as the “Kiplinger Letter of the Trucking Industry“, the report has been published by Roemer Insurance for more than 30 years. The publication is distributed free of charge in both print and electronic formats and is archived on the Roemer Insurance website and Insure My Rig (www.insuremyrig.com/roemerreport.htm), the small fleet division of Roemer Insurance.

The current edition of The Roemer Report discusses a recent ruling by the Federal Motor Carrier Safety Administration (FMCSA), which refused to return to lower hours-of-service (HOS) limits pushed by safety groups. The January edition also reviews the results of a recent trucking industry survey that finds that the majority of drivers are not happy about the prospect of speed limiters on company trucks, and the issues of truck parking and strategies to prevent hazardous tanker trucks from losing their balance and turning over.

Other topics addressed in January’s edition include findings of a survey done by Hartford Financial Services Group relating to retirement preparedness, and a discussion of the health benefits of volunteer work. According to The Roemer Report, the Hartford survey found that about 79 percent of Americans responding to the survey were concerned about having enough money for retirement, but 42 percent admitted that they hadn’t taken steps in the past year to improve their financial situation.

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About Roemer Insurance
Established in 1934 by trucking insurance pioneer, Wellington F. “Dud” Roemer, Roemer Insurance is a third-generation family owned and operated insurance and risk-management firm. Roemer Insurance is a Toledo-area leader in employee health and benefit package plans, with an emphasis on workplace wellness, strong community ties and active participation in business and charitable organizations. Roemer Insurance specializes in trucking insurance packages for large and small fleets. Its Health Life Benefits division offers group and personal coverage. Committed to technology and sound insurance practices, Roemer Insurance continues to set the standard in risk management and customer service. Roemer Insurance is a member of the Independent Insurance Agents and Brokers of America and The Professional Insurance Association. For more information, visit www.roemer-insurance.com or call 419.475.5151.

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