Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Economic Watch: Trucking Employment Surges, Overall Jobs Moderate

The number of U.S. non-farm jobs added in March moderated while trucking added the most jobs in recent memory, according to a new Labor Department report.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
April 6, 2018
Economic Watch: Trucking Employment Surges, Overall Jobs Moderate

 

2 min to read


The number of U.S. non-farm jobs added in March moderated while trucking added the most jobs in recent memory, according to a new Labor Department report.

Overall, 103,000 jobs were added for the month, far short of analysts’ expectations of a 185,000 gain, and well below February’s jump of 326,000 new jobs.

Ad Loading...

Also, the total number of job additions for January and February were revised downward by 50,000 jobs. Despite this and the March performance, employers have added a healthy average of 211,000 jobs per month in the past six months.

All this kept the nation’s unemployment rate at a 17-year low of 4.1%, where it’s been for six straight months.

In for-hire trucking, there were 6.700 job additions in March, following the 6,000 added during February. The wider transportation and warehousing sector added 9,800 jobs in March, due not just to trucking, as the couriers and messengers, and warehousing and storage categories also reported solid gains.

Ad Loading...

March for-hire trucking employment totaled nearly 1.48 million-- that's up 23,000 jobs from the same time a year earlier.

Employment also grew in manufacturing, health care, and mining. Manufacturing jobs rose by 22,000, with all of the gain in the durable goods component. Year over year, manufacturing has added 232,000 jobs. The durable goods component accounted for about three-fourths of the jobs added, according to the department.

Some overall moderation was widely expected going into the report given the surge in February, according to Paul Ferley, assistant chief economist at RBC Economic Research.

“More robust employment gains were also expected to be reflected in the unemployment rate dropping to 4.0% from February’s rate of 4.1% though today’s report indicated that this rate remained unchanged,” he said. “That said, the current unemployment rate still remains below the Federal Reserve’s assumed long-run range of 4.3% to 4.7%.”

Ferley said this new report provides confirmation of tight labor markets, as the annual increase in wages rose to 2.7% in March from 2.6% in February and a 2017 average of 2.5%.

Ad Loading...

“The likelihood of labor markets operating beyond capacity is possibly starting to limit firms’ ability to find new workers, particularly after outsized gains in recent months,” Ferley said.

The report follows ones from a couple of days earlier showing private sector employment increased by 241,000 jobs in March and that manufacturing in March remained strong.

More Fleet Management

TEN disaster prep.
Fleet ManagementMay 1, 2026

How Fleets Can Avoid Equipment Blind Spots in Disaster Response

When the unexpected happens, how you react to, and deal with operational blind spots is critical. Here’s how to keep you recovery on track, when nothing is normal.

Read More →
Illustration of cybersecurity images with "The Cyber Stop" text
Fleet Managementby Ben WilkensApril 30, 2026

AI Security Risks for Trucking Fleets: What to Know About Deepfakes and Agentic AI

As fleets adopt artificial intelligence for routing, maintenance, and load matching, new security risks are emerging. Learn where the vulnerabilities are and how to put the right controls in place.

Read More →
Mobile tablet showing Motus screen against highway background with Motus logo

FMCSA’s Motus System Is Coming. What Fleets Need to Know Now

The long-awaited registration system promises a single portal — and tighter fraud controls.

Read More →
Ad Loading...
CargoNet 2026 Qi report.
Fleet Managementby News/Media ReleaseApril 24, 2026

Cargo Theft Incidents Fall in Q1, but Organized Crime and Impersonation Drive New Risks

CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.

Read More →
Graphic with light bulbs, HDT Truck Fleet Innovators logo, and the word Nominations
Fleet ManagementApril 24, 2026

Nominations Open for HDT Truck Fleet Innovators 2026

Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.

Read More →
Illustration with trojan horse and lock with inside of cargo container in background
Fleet Managementby News/Media ReleaseApril 23, 2026

New Trojan Driver Cargo Theft Scam Bypasses Carrier Vetting Systems

Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.

Read More →
Ad Loading...
ATA Truck Tonnage Index March 2026.
Fleet Managementby News/Media ReleaseApril 22, 2026

March Truck Tonnage Posts Strongest Annual Gain Since 2022

A modest sequential increase capped the strongest quarterly performance in years, signaling continued freight momentum in early 2026.

Read More →
Toll road.
Fleet Managementby Jack RobertsApril 22, 2026

Ohio Turnpike Targets $5.2 Million in Unpaid Tolls from Trucking Firms

More than 300 carriers across 26 states have been sent to collections as the Ohio Turnpike cracks down on toll evasion and delinquent payments.

Read More →
Illustration with ATRI logo and square blocks spelling out "research"
Fleet Managementby Deborah LockridgeApril 20, 2026

'Beyond Compliance,' Regulations, Driver Coaching on ATRI’s 2026 Research List

The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.

Read More →
Ad Loading...
Brian Antonellis, senior vice president, fleet operations, Fleet Advantage.
Fleet Managementby Jack RobertsApril 17, 2026

Fleet Advantage's Brian Antonellis on the Growing Need to Replace Old Trucks

Fleet Advantage's Brian Antonellis says it's time for fleets to get back to the fundamentals of good maintenance practices. And that includes replacing older, inefficient equipment.

Read More →