CarriageTowneNews.com, Kingston, NH

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February 7, 2013

Job seekers find a big rig pays off

(Continued)

From the end of 2010 through January, trucking companies have boosted payrolls by 8.1 percent, or 102,900 jobs, more than twice the 3.4 percent gain in overall employment, according to Labor Department data released Feb. 1. During the 18-month recession that ended in June, 2009, trucking jobs declined at about double the rate of total payroll losses.

Analysts project more gains as the economy expands and truckers face new limits on hours of service. The industry is more than 125,000 drivers short of what it needs to meet demand, according to FTR Associates, the Bloomington, Indiana-based freight data and forecasting firm. The shortfall probably will more than double at the end of this year to 259,000 drivers, the biggest deficit in nine years, according to an FTR forecast.

"We're projecting a continued slow growth in the economy but that growth will be fast enough to keep truck freight growing," said Larry Gross, a senior consultant at FTR. He said new regulations, which will start to be enforced in July, will cut driver productivity and curb hours driven, resulting in a "significant tightening of capacity."

The Transportation Department last February cut the maximum time drivers can remain on duty. Commercial truck drivers can work 70 hours a week, down from 82 hours.

About nine in 10 long-distance carriers report that they can't find enough drivers, said Bob Costello, chief economist at the American Trucking Associations, the Arlington, Va.-based industry group. Annual employee turnover at smaller trucking companies with less than $30 million a year in revenue rose to a five-year high of 94 percent in the third quarter, while larger rivals have a 104 percent rate, ATA data show.

The ATA's For-Hire Truck Tonnage Index rose in December to 121.8, the second highest in four decades of history. The record was 124.4 in December 2011. The gauge of tonnage hauled in the U.S., based on surveys from members, has rebounded from a seven- year low of 100.2 in April 2009.

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New England News
Obituaries
  • Alan J. Walker, 68

    Kingston, N.H. — Mr. Alan James Walker, 68, passed away peacefully at his home on July 8, 2014, after a long, brave battle with cancer.

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    13 hours
  • James Reese

    Raymond, NH — James Edwin Reese, 74, passed away on Wednesday, July 16, 2014, surrounded by his family and friends at his home in Raymond, N.H. He was the son of John and Ruth Reese, born on Oct. 29, 1939 in Edensburg, Pa. James graduated from Central Cambria High School in Pennsylvania before proudly serving in the U.S. Army as a food inspector. His military service was followed by 31 years with the U.S. Department of Agriculture as a meat inspector. Mr. Reese was an avid outdoorsman and spent much of his time fishing, camping and hiking in the White Mountains. He became involved in the Boy Scouts and enjoyed passing on his vast knowledge of the wilderness to others. Throughout his retirement years he enjoyed woodworking, raising rabbits and working in his garden.

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  • Velma J. Reid

    South Hampton, NH — Velma J. Reid, 80, died peacefully on July 17, 2014 at Exeter Hospital, surrounded by family. She was born in Haverhill, Mass. on June 8, 1934, the daughter of the late George C.W. and Alta I. (Kimball) Haynes. A graduate of Haverhill High School, Velma worked at Western Electric until she had children. For years, she was a devoted “stay-at-home” mom who raised her three children in a loving, nurturing environment. She later worked various manufacturing jobs until her retirement. After retiring, she volunteered her time at various organizations and was very involved at the East Kingston Community United Methodist Church as a member of the women’s guild, assisting with the holiday fair, and helping out wherever she could. She had a passion for animals, and would donate money, food, and blankets to the NH SPCA. She loved to sew and made a personalized quilt for every member of her family. She was also a member of the “Ugly Quilts” group, which made blankets and sleeping bags for the homeless using recycled fabric. She is survived by her husband, Clyde Reid of South Hampton, N.H.; daughter, Pam Eaton of Danville, N.H.; son and daughter-in-law, Douglas and Kim Reid of Raymond, N.H.; daughter, Shirley Reid of South Hampton, N.H.; two sisters, Gwen Stuart of Haverhill, and Norma Taplin of Dracut; four grandchildren, Cheryl and Marc Welch, and Kristen and Joshua Reid, and several nieces and nephews.

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  • Carleen A. Knowlton, 80

    Danville, NH — Carleen A. (Rhoadhouse) Knowlton, 80, of Danville and formerly of Hampstead, died on July 7, 2014, at her home.

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    7 days 1 Photo
  • Miriam O. (Graham) Graham, 84

    Kingston, NH — Miriam O. (Graham) Graham, 84, a resident of Kingston since 2001, and former longtime resident of Grafton, Mass., died peacefully, surrounded by her family, on July 11, 2014, following a long illness.

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