A recent article in Commercial Carrier Journal (ccjdigital.com) references the TCP Fourth Quarter 2013 Survey to highlight carrier optimism for volume and rate growth.
Continuing the positive trends of the previous quarter, more carriers are expressing optimism for increases in volumes and rates. Since the fourth quarter of 2012, positive volume expectations have risen from 29 percent to 61 percent.
With those increasing volumes, a majority of carriers are also expecting rates to climb over the coming months. There are now close to three times as many optimistic carriers as pessimistic carriers.
“Volumes and rates continue to be more entwined as positive GDP numbers are laid on top of effective capacity brought down by the FMCSA driving hour mandates,” says Steven Dutro, TCP Partner.
Check out the full article here.
