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Mikes Quotes on Recent Decision by Three Fleets to Provide Public Share Offerings

Mikes is quoted in an article of Transport Topics discussing the recent decision of three truck fleets to provide public share offerings. For more than five years the industry has gone without a stock sale. All three carriers plan to repay debt with the proceeds. Click here to read the full article.

Interest in Used Trucks is Growing

A recent article of Transport Topics notes that interest in used trucks is growing and that new vehicles only accounted for 23% of 2010 registrations. Mikes discusses how the increase in the price of new equipment puts pressure on carriers to raise rates. To learn more about the recent equipment trend, click here.

Effects of the Improving Economy on the Transportation Industry

An article by Truckinginfo.com says that TCP’s most recent Business Expectations Survey reports important findings about the effects of the improving economy on the transportation industry. The article focuses on carriers’ increased interest in mergers and acquisitions. Read the full article.

Due to Trucker Shortage, Increased Focus on Recruitment Efforts

Refrigerated Transporter also points out TCP’s finding that there is a trucker shortage. While larger carriers have a more difficult time recruiting new drivers, an increased focus on improving recruitment efforts is evident throughout the industry. Read the full article.

Two-Thirds of Carriers Report Driver Shortage

According to TodaysTrucking.com, TCP’s Business Expectations Survey offers much insight into the current supply and demand dynamics of drivers in the trucking industry. While trucker recruiting is a growing problem during this shortage, truckers are in a favorable position. Read the full article.

Carriers Focus on Recruiting Drivers and Using Fewer Brokers

In the article “Next Exit: Driver Shortage?” Getloaded.com discusses the predicted scarcity of truck drivers and the implications of this condition for the industry. The author highlights TCP’s findings that industry professionals are focusing on recruiting drivers and are using fewer brokers. Read the full article.

Driver Shortage Due to Increased Freight

Truckinginfo.com discusses TCP’s Business Expectation Survey’s finding that there is currently a driver shortage due to increased amounts of truck freight. The article notes carriers’ reported decrease in dependence on brokers and a supply-demand dynamic that favors truckers. Read the full article.

Driver Shortage Increases Recruiting Efforts

Kevin Jones of TheTrucker.com reports TCP’s latest Business Expectations Survey’s findings about how carriers are responding to the current driver shortage. Because of this shortage, carriers are working to improve driver recruiting efforts. Read the full article.

Drivers Optimistic About Second Quarter 2010

BulkTransporter.com outlines TCP’s Business Expectations Survey for 2010’s second quarter. The article focuses on truckers’ strong optimism for the near future of the industry. Read the full article.

Truckers Looking Forward to the Year Ahead

Truckinginfo.com discusses TCP’s industry survey, pointing out that truckers are optimistic about the upcoming year. Quoting TCP’s Mikes and Batts, this article provides statistics from the survey that show truckers’ overwhelmingly positive predictions for their businesses. Read the full article.