Carriers Finding Re-Negotiation of Accessorials Challenging

TodaysTrucking.com shared TCP survey results (from the 4th Quarter BES) that show 42% of carriers expecting their customers to resist re-negotiating accessorials.

Fifty percent of smaller carriers and 38 percent of larger carriers expressed pessimistism about accessorials. However, carriers small and large were more positive about re-negotiating detention times – 43 percent expected to re-negotiate.

“Credit availability and carrier profitability go hand–in-hand, both are essential to replace aging fleet assets and to grow capacity. Carriers with stronger profitability and cash flows will find credit available and affordable and will be better positioned to gain market share,” said Steven Dutro, TCP Partner.

Full article here.