Transport Topics ran an article in December that highlighted the 4th quarter 2013 TCP Business Expectations Survey.
In the article they note that most trucking companies are expecting their volumes to increase, and to be able to raise their rates, in 2014. As the TCP survey revealed, the indicators of mounting optimism for both volumes and rates have been in place now for four consecutive quarters.
“TCP illustrated the fact that optimism has outpaced pricing reality by noting that a majority of fleets have been predicting higher rates for four years, though prices didn’t begin to rise until 2013,” states the article.
Read more here.
