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Dedicated Services a Win for Both Carriers and Shippers in Long-Term

Carriers are reluctant to add capacity, says TheTrucker.com in a recent article citing TCP’s Second Quarter 2012 Business Expectations Survey. Mikes is cited in the article discussing how, in the long run, dedicated services will be a win for both carriers and shippers. To read the full article and findings from the survey, click here.

Carriers Are Still Hesitant to Add Capacity

Carriers are still hesitant to add capacity reports Today’s Trucking. Results from TCP’s second quarter Business Expectations Survey show the 71% of carriers expect to add little or no capacity in the coming year. Mikes, TCP Partner, states that this is due to an increase in regulation and the challenges of finding qualified drivers. Read more about the survey results here.

Trucking Capacity Shrinking Due to Driver Shortage

Is a shortage of drivers hampering the trucking industry? In a speech made by Rosalyn Wilson, author of the 2012 Annual State of Logistics Report prepared by the Council of Supply Chain Management Professionals, predictions are made that trucking capacity is shrinking due to a shortage of drivers. Wilson references findings from TCP’s quarterly Business Expectations Surveys. Read the Charleston Business Journal’s review of the speech here.

Growing Shortage of Drivers may Cause Capacity Crunch

MyTrucks.com discusses how The Council of Supply Chain Management Professionals just released its 2012 Annual State of Logistics Report which predicts that a growing shortage of drivers might cause a capacity crunch. The Report cites data from TCP’s 4th Quarter Business Expectations Survey which showed that about 18% of carriers surveyed reported 6-10% unseated trucks. For more information about the report, read the full article here.

Carriers Experience Challenges Balancing Capacity and Drivers

In a recent article by Logistics Management about the slight decrease in driver turnover of large fleets in the last quarter, Lana Batts is quoted discussing the current challenges that carriers face balancing capacity and drivers. Read the full article here.

Carrier Capacity Expectations Increase in First Quarter

Transport Topics cites a TCP survey indicating an increase in carrier capacity in the first quarter of 2012. TCP partners Richard Mikes and Lana Batts attribute the increase in carrier confidence to favorable interest rates and reports of growth in the industry. Read more here.

Carriers Leaning Towards Company Equipment to Add Capacity

Based on the findings from TCP’s recent industry survey, TheTrucker.com discusses how carriers are slightly less hesitant to add capacity and are leaning towards company equipment – cash, financed, and leased, to add that capacity. Fewer carriers are saying “no” to capacity increases, and more carriers are looking to add more than 5 percent. Click here to read more.

Data from TCP’s Recent Survey Featured in Supply Chain Digest

Supply Chain Digest’s “Numbers for the Week” spotlights a statistic from TCP’s recent survey stating that 65 percent of carriers plan to add little or no capacity. Click here to read the full summary.

Carriers Inclined to Add Capacity, But Not by Much

According to an article by Today’s Trucking, carriers are more inclined to add capacity but not by much. For carriers who are planning on adding capacity, it is primarily through company equipment either financed (24.6%), leased (9.6%), or with cash (7%) with fewer choosing independent contractors (19.3%) during the past seven quarters. To read more about carriers’ expectations for capacity, click here.

Rising Rates Contribute to Expansion Plans

A recent article by TruckingInfo.com discusses the results of TCP’s first quarter 2012 Business Expectation Survey and how the rising rates over the past several quarters seem to contribute to carriers’ confidence to expand. Click here to read more.