Supply Chain Management highlights the optimism in the trucking industry as TCP’s final quarterly survey for 2011 shows that 61% of carriers expect volumes to increase in the coming year. Batts, who is quoted in the article, says that she was pleasantly surprised by the outlook, especially when there are so many fluctuations in the economy and political climate. Click here to read the full article.
The Journal of Commerce discusses TCP’s fourth quarter Business Expectations Survey which shows optimism from carriers, with more than 60 percent expecting volumes to increase in 2012. Additionally, only 2% of those surveyed expect freight levels to drop. Click here to read the full article.
In an article by TruckingInfo.com, TCP’s recent survey is highlighted which showed that both small (under $25 million in revenue) and large carriers are expecting rates and volumes to increase in 2012. The survey also showed that a significant number of carriers reported increased rates over the previous three months. For more information about rate and volume expectations in 2012, click here to read the full article.
TheTrucker.com reports on TCP’s recent survey which shows that carriers are optimistic about both volumes and rates in the coming year. For more information about the survey, click here to read the full article.
A recent article from DC Velocity titled “Mamas, don’t let your babies grow up to be truckers” discusses the impact of the Great Recession on trucking industry. TCP’s third quarter Business Expectations survey is cited, which showed that 28% of carriers are considering selling in the next 18 months if conditions don’t improve. This is the highest percentage since the survey began in 2008. Batts is quoted in the article as saying that the higher costs and regulatory constraints are frustrating to executives and that “it just isn’t fun anymore.” For more about the impact of the economy on the trucking industry, read the full article here.