TruckingInfo.com cites TCP third quarter survey information in their September 24th article.
Since a low point of 50% in third quarter 2012, positive volume expectations are now at 61%. In the survey, larger carriers are considerably more optimistic than smaller carriers.
A majority of carriers also expect to see rates increase over the coming 12 months. Smaller carriers have often been the more optimistic about rates. But, in this survey, a greater percentage of larger carriers are anticipating rate increases (74% vs. 48%).
“Spot market trends over the summer have been positive for most carriers and this may be the precursor to continuing volume optimism,” stated TCP’s Richard Mikes.
To read the full article click here.
