In an effort to increase driver retention, many carriers are planning to boost wages in the coming year, according to the Third Quarter 2012 Business Expectations Survey by Transport Capital Partners. The online publication Truckers Report claims that this is a step in the right direction, however more will need to be done in order to keep employees satisfied. Read the full article here.
October 18, 2012 -
Survey: Truckers’ Wages on the Rise
October 17, 2012 -
77% of Carriers Plan to Increase Pay for Drivers
FleetOwner reports that over three-quarters of carriers are planning to give drivers a raise, with close to half of them expecting to increase pay by 2-5%. These figures are based on the quarterly Business Expectations Survey by Transport Capital Partners. TCP Partner Richard Mikes notes that wages in trucking have lagged over the past year when compared to other industries. Healthcare policy is also a concern, due to uncertainty over the fate of the Affordable Care Act. Depending on who wins the Presidential election, the ACA could go into effect, or be overturned. Read the full article here.
October 17, 2012 -
Drivers Pay Likely to Increase
Truckinginfo.com reports that three-quarters of carriers are expecting to increase wages in the coming year in an effort to reduce driver turnover. The information comes from the Third Quarter Business Expectation Survey by Transport Capital Partners.
Uncertainty with how the upcoming presidential election will affect health care policies is also a concern for carriers, but not as much as was reported a year ago. TCP Partner Steven Dutro claims, “Without better pay and affordable health care for drivers, carriers will not be able to increase capacity for shippers.” Read the full article here.
October 5, 2012 -
BES Survey Points to Limited Growth in Capacity
As reported on Refrigerated Transporter, carriers are not likely to add much capacity in the coming year. According to the quarterly Business Expectations Survey from Transport Capital Partners, the number of carriers expecting to add little or no capacity has remained between 70% and 74% for the past five quarters. TCP Partner Lana Batts cites driver shortages, coupled with CSA and HOS regulations, as having a diminishing effect on equipment purchases.
October 3, 2012 -
Freight Carriers Reluctant to Add Capacity
The Third Quarter 2012 Business Expectations Survey from TCP shows that carriers remain slow to add capacity to their fleets. TCP Partner Richard Mikes notes an increase in the used equipment market, while Partner Lana Batts acknowledges the effects of a shrinking driver pool. Read the full article on Automotive World.
October 3, 2012 -
Carrier Capacity Unlikely to Expand in Coming Year
TruckingInfo.com reports that “Few Carriers Expect to Add Much Capacity in Next Year,” citing Transport Capital Partners’ Third Quarter 2012 Business Expectations Survey. TCP Partner Richard Mikes notes, “Carriers are not adding capacity as the economy remains relatively flat and used equipment prices go up and conservative equipment plans boost used demand.” Read the full article here.
