An article from Today’s Trucking discusses the findings of TCP’s recent survey which shows that a driver shortage continues and wage expectations for drivers has shifted. Some of the partners were quoted discussing the results, noting that “balance will be a keyword in 2012”. Click here to read the full article.
January 18, 2012 -
Balance a Keyword in 2012
October 20, 2011 -
Tendency for Carriers to Use Contractors to Expand Fleets is Down
While the use of independent contractors has remained steady over the last five quarters, the tendency for carriers to use contractors to expand their fleets is trending down. TruckingInfo.com quotes Batts and Mikes on the findings from TCP’s recent Business Expectations Survey. To read the full article, click here.
September 28, 2011 -
Tonnage “In Check” and In Line With Historical Trends
Despite a decline in tonnage, FleetOwner.com reports some interesting news for the trucking industry. According to chief ATA economist Bob Costello, the number of trucks operating is down and carriers are having trouble recruiting drivers, which is keeping “tonnage in check.” The decrease in tonnage, however, is in line with historical trends and over half of carriers from TCP’s Third Quarter Business Expectations survey said that their rates did increase over the last three months. Read the full article here.
June 27, 2011 -
Recent Increase in Driver Turnover for Large Fleets
Transport Topics reports that in the first quarter of this year, driver turnover “reached the highest level in nearly three years” for larger fleets ($30 million in revenue or more). Mikes points out that smaller fleets are more inclined to have less turnover as they “tend to have shorter lengths of haul, which gives drivers more time at home.” To read more about the recent increase in driver turnover, click here.
February 10, 2011 -
Where is the Industry Headed?
TCP Partners, Lana Batts and Richard Mikes, discuss where the trucking industry is headed in an annual report covering the current industry trends. Some of the topics covered include drivers, equipment, and capacity. Read the full paper.
December 20, 2010 -
Carriers Anticipate Continued Capacity Constraints
Transport Topics reviews two recent TCP surveys that indicate a slowing in freight demand as well as “continued capacity constraints.” TCP’s fourth quarter Business Expectations survey showed that 34% of the fleets surveyed are planning to add equipment in the next 12 months but this is primarily replacement of aging equipment. To read more about TCP’s recent survey and industry trends such as driver additions, click here.
December 16, 2010 -
Carriers Worried About Labor Shortages
Truckinginfo.com covers the recent survey conducted by TCP which shows that carriers are worried about labor shortages. Read more.
December 15, 2010 -
Issues Carriers Will Face in 2011
Fleet Owner cites the recent TCP Business Expectations Survey in its article geared towards the issues that carriers will face in 2011. These issues include driver shortages and small fleet survivability. Read the full article here. Read more.
September 23, 2010 -
Richard Mikes Quoted About Impact of Regulatory Uncertainty
Truckinginfo.com cites Richard Mikes, TCP managing partner, in an article about the impact of regulatory uncertainty on the future business plans of fleet managers. Read more.
June 30, 2010 -
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.
