The Q4 2011 FSR Buying Index, as reported in the Fleet Sentiment Report published by CK Commercial Vehicle Research, currently sits at 89.2 and reflects a 22 percent improvement over the same quarter in 2010.
According to CKCVR, it surveys for-hire, private and government fleet representatives quarterly to determine their short range order plans for both power units and trailers. The FSR Index is derived from that information and is calculated by combining the estimated size of the planned truck and trailer orders for the group reporting along with the percentage of report participants who indicate they will likely place orders, CKCVR says.
The Q4 2011 Fleet Sentiment Report shows solid planned order activity especially at larger fleet operations. A majority of fleets surveyed in October reported equilibrium between their available equipment and the amount of freight they have to haul, CKCVR says. However, almost half continue to be limited by driver shortage issues either to fill current seats or for any additional capacity plans.
For more information about the Fleet Sentiment Report and how to subscribe can be found at http://www.ckcvr.com/FSR.html.