A recent article from FleetOwner.com sites results from TCP’s Second Quarter Business Expectations Survey.
The survey revealed that, although 65% of carriers are planning to add capacity, those additions will most likely be conservative. More than 75% of carriers plan to add little (1% to 5%) or no capacity in the next 12 months.
“Carriers continue to voice concerns about the ‘headwinds’ impacting operations and returns,” stated TCP Partner, Richard Mikes.
The piece continues by referencing data from the Bureau of Economic Analysis and from the Department of Labor’s recent jobs report that mirrors trends in the trucking industry – slow, conservative growth, and cautious optimism.
Read the full article here.
