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.
June 28, 2010 -
Two-Thirds of Carriers Report Driver Shortage
June 25, 2010 -
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.
June 24, 2010 -
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.
June 23, 2010 -
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.
June 23, 2010 -
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.
March 10, 2009 -
Carriers Adjust to Economic Woes
Transport Capital Partners recently conducted a Business Expectations Survey of carriers nationwide in Feb 2009. Download the results here.
February 23, 2009 -
Wages Remain Low as Freight Demand Drags
Richard Mikes, managing partner of Transport Capital Partners, was quoted in the article “Some Firms Cut New-Driver Pay as Freight Demand Stays Low” in the February 23 issue of Transport Topics. Read the full article here.
September 19, 2008 -
Carriers Feeling the Pinch
Transport Topics quoted Lana Batts on the growing cash crunch. She noted that shippers are extending the time the pay carriers. The problem is made worse because carriers have to pay their fuel costs on a daily basis, but are being paid by the shipper until 45 days later. She noted that even if a carrier receives 100% fuel surcharges from 100% of its customers, it is still about 20% in recovering its increased fuel costs because of billed versus actual miles, out of route miles, empty miles, and idling.
October 9, 2007 -
Batts Addresses Nebraska Motor Carriers Association
Lana Batts spoke at the annual meeting of the Nebraska Motor Carriers Association in Lincoln, NE on the shifting sands of the trucking industry. She noted that many new realities faced the trucking industry that needed to be factored into the operations of any company, including high fuel prices a fact of life, driver shortages are not going to go away, and that congestion will continue to impact the ability of a carrier to guarantee on-time deliveries.
August 13, 2007 -
Batts Speaks at PeopleNet Users Conference
Lana Batts spoke at the PeopleNet Users Conference on “What the Future Holds for Trucking,” in Hilton Head, SC. She addressed certain factors that are now a given, such as high, volatile fuel prices, chronic driver retention issues, and highway congestion. She also pointed out positive factors affecting the industry such as increased freight volumes, improved trucks, and new markets.
