TruckingInfo.com reports that “Few Carriers Expect to Add Much Capacity in Next Year,” citing Transport Capital Partners’ Third Quarter 2012 Business Expectations Survey. TCP Partner Richard Mikes notes, “Carriers are not adding capacity as the economy remains relatively flat and used equipment prices go up and conservative equipment plans boost used demand.” Read the full article here.
In a survey by Transport Capital Partners and ACT Research, over 50% of carriers report considering buying natural gas vehicles. TCP Partner Richard Mikes notes significant savings at the pump. Read the full article here.
Logistics Management reports on the growing interest in natural gas as a potential fuel source for transportation companies, especially as the price of diesel continues to rise. Richard Mikes, the TCP Partner who directed the survey in collaboration with ACT Research, was quoted in the article stating that “the degree of interest in natural gas-powered trucks by survey respondents was higher than TCP originally anticipated” and that “the fairly high level of interest compared to degree of knowledge was surprising”. Click here to read the full article.
A recent article by Bulk Transporter discusses the findings of TCP’s recent survey about carriers’ perceptions surrounding natural gas (NG) as a fuel source. Slightly over half of the carriers surveyed are considering NG fueled trucks. Click here to read more about the findings.
Carriers are looking at natural gas as a potential fuel source, but conditionally, reports Refrigerated Transporter. TCP Partner, Richard Mikes, is quoted in the article: “The survey confirms the growing interest in natural gas by carriers encouraged by the large difference in price, but also shows the complexities of choices in terms of type of fuel, fuel supply systems, payload impact, station availability and so forth.” Click here for the full article.
TruckingInfo.com shares the results of Transport Capital Partners’ recent special survey geared at gaining a better understanding of how carriers are thinking about the potential of natural gas fuel for their fleets. While slightly over half of carriers are considering natural gas, they still voice many concerns. Read more about what carriers think about natural gas here.
According to an article by TheTrucker.com, truckers are hesitant in selecting natural gas as a potential fuel source, citing fuel station availability, higher vehicle purchase price, product specs/performance, and secondary market value on equipment as potential concerns. Read more about what carriers think about natural gas as a fuel source.
StateImpact, a reporting project of local public media and NPR, reported recently on TCP’s special survey about the potential of natural gas as a primary fuel source for trucking companies. Despite the fact that natural gas is half the price of diesel, 94% of carriers express concern about natural gas availability and infrastructure. Read the news briefing here.
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.
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.