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Richard Mikes Comments on the State of the Trucking Industry in IMTA Quarterly

TCP managing partner Richard Mikes contributed an article to the most recent issue of the Iowa Motor Truck Association‘s quarterly Lifeliner Magazine. In the article, Mikes highlights data from last quarter’s TCP Business Expectations Survey showing increasing, if hesitant, optimism for volume and rate expectations in the industry. Trucking is warming up, but at what pace? For more, click here to download a .pdf of the full article.

Significant Rise in Use of E-logs by Carriers

TruckNews.com has shared results from TCP’s First Quarter 2013 Business Expectations Survey that display a sizable increase in the adoption of electronic driver logs (e-logs) by carriers. Canadian fleet management company, Shaw Tracking is pleased to see that the benefits of implementing e-log use are being recognized by more and more fleets owners and drivers. Full article here.

Possibility of a Capacity Shortfall Increasing

An article from fleetowner.com reports that with rates still largely flat, much of the TL segment appears to be stalling on expanding capacity. However, a trucking capacity crunch could still be offset by capacity growth within the private fleet segment. The posting sites comments by TCP partner, Richard Mikes from his recent webinar hosted by Wall Street investment firm, Stifel Nicolaus. To read the full article, click here.