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News

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.

TCP Announces the Addition of Jim Parham as Managing Partner

FleetOwner.com reports on TCP’s recent announcement of the addition of Jim Parham as a managing partner of the firm. Parham has over 40 years of experience in the industry, including 25 years as President of Jim Parham & Associates. Read the full article here.

Survey Places Carriers “In the Driver’s Seat” Over the Year Ahead

Fleet Owner reports on TCP’s recent Business Expectation Survey and that trucking looking up over the next year. Read the full article.

 

Carriers Are Reducing Their Reliance on Brokers

“Carriers going without brokers” according to FleetOwner.com which quotes TCP on the recent survey in 2011. Read more.

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.

Both Small and Large Carriers Hesitant to Add Capacity

FleetOwner.com highlights TCP’s Third Quarter Business Expectation Survey’s findings that carriers expect to see volumes and rates increase in the coming year. The article also discusses the survey results which show hesitation of both large and small carriers to add capacity in the next twelve months. Read the full article.

Good News to Be Found, Even in a Recession

Transport Capital Partners’ survey results are featured and discussed in the recent FleetOwner article, “The Good News Famine.” The article focuses on the positive news and attitudes still found despite the current state of the economy. Read the full article here.

22% of Carriers Consider Leaving the Industry

An article in Fleetowner titled “Carriers consider leaving industry” reports the findings of Transport Capital Partners (TCP) Business Expectations Survey concerning this topic. Read the full article here.

Schnoes Discusses New HOS Regulations

James Schnoes was quoted in Fleet Owner magazine regarding the favorable relative impact of team operations overall and specifically on carrier valuation, given the emerging changes in hours of service regulations. He said, “A small to mid-sized carrier that offers team service is going to be much more attractive to sell under the new rules, because team service is a great way for fleets to hedge their bets in terms of minimizing the impact of the new HOS regulations.”