Transport Topics cites a TCP survey indicating an increase in carrier capacity in the first quarter of 2012. TCP partners Richard Mikes and Lana Batts attribute the increase in carrier confidence to favorable interest rates and reports of growth in the industry. Read more here.
April 9, 2012 -
Carrier Capacity Expectations Increase in First Quarter
April 6, 2012 -
Carriers Attracted to Spot Market Due to Higher Rates
TruckingInfo.com reports on the effect of spot market rates on broker usage. Citing TCP data from the past year, TCP partner Lana Batts states that “while some carriers might use brokers to increase freight, TCP believes that most of these carriers are attracted to the spot market due to higher rates.” Read the article here.
April 2, 2012 -
Carriers Leaning Towards Company Equipment to Add Capacity
Based on the findings from TCP’s recent industry survey, TheTrucker.com discusses how carriers are slightly less hesitant to add capacity and are leaning towards company equipment – cash, financed, and leased, to add that capacity. Fewer carriers are saying “no” to capacity increases, and more carriers are looking to add more than 5 percent. Click here to read more.
April 2, 2012 -
Rate Spike in Early Summer Seems Likely
Desi Trucking Magazine highlights the findings on volume and rate expectations of TCP’s first quarter industry survey. “If volumes follow the same pattern as 2011,” note the partners, “the possibility of a generally upwards rate trend over the coming year with a rate spike in early summer seems likely.” Click here to read the full article.
