A recent article by the Journal of Commerce discusses the tension between freight demand and carriers’ willingness to add capacity. The article references statistics from TCP’s recent quarterly industry survey — most notably that a third of surveyed carriers expect to see an increase between 0-5 percent, and 25 percent of carriers expect to see an increase between 6-10%. While larger carriers ($25 million or more in revenue) are slightly more likely to expand than smaller carriers, the articles notes that highly profitable carriers such as Knight Transportation are the most likely to expand. Click here to read the full article.
March 29, 2012 -
Tension Between Freight Demand and Capacity Plans