Recent articles from TodaysTrucking.com and TruckingInfo.com report that inadequate rates of return are keeping fleets from buying.
They share results from the second quarter TCP industry survey that show only slightly over 50 percent of carriers seeing returns on investments that can justify new equipment purchases. This figure is up just four percentage points from November 2012.
Additionally, one-third of all carriers reported having no current plans to add any new equipment. At this time, replacing aging fleets is the principle driver of most equipment investment.
“Higher equipment costs in recent years, combined with the lower utilization resulting from new HOS rules, will continue to make adequate returns on investment a challenge,” said Steven Dutro, TCP partner.
