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Impact of Driver Shortage on Driver Wages

A recent article by DC Velocity discusses the concerns of carriers that a shortage of qualified truck drivers will lead to a large increase in driver wages. The article bases the information on findings from TCP’s second quarter Business Expectations Survey. For more information about carriers’ expectations for driver wages, read the full article here.

Small Increases in Driver Wages Likely to Exacerbate Driver Turnover

TheTrucker.com highlights how small increases in driver wages will likely exacerbate driver turnover and deter possible new long-term drivers. The full article also discusses that while fuel prices have decreased slightly, carriers are still working on a variety of strategies to improve their full economy. Results from TCP’s recent industry survey are cited. Read the full artlcle here.

Driver Turnover Reaches Highest Mark Since 2008

FleetOwner reports on the “Slow Climb of Driver Wages Pressuring Turnover Rate” and discusses findings of TCP’s recent industry survey. While driver wages are climbing slowly, growth in other industries such as construction could prevent potential drivers from re-entering the industry. Additionally, driver turnover reached its highest mark since the first quarter of 2008 with 90% turnover in the first quarter of this year. Read the full article here.

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.

Shippers Starting to Pay More Attention to CSA Scores

A recent article by Transport Topics highlights that shippers are starting to pay more attention to the CSA scores of carriers. More than 72% of surveyed carriers state that some of their customers are concerned about CSA scores, and might even fire a carrier with low CSA scores. The article also discusses CSA’s approach to whose accountable for accidents as well the disparity in use of elogs between large and small carriers. Click here to download the article.

Shippers Starting to Use CSA Scores as a Way to Evaluate Carriers

A recent article by FleetOwner.com discusses how shippers are starting to use CSA scores as a means of evaluating carriers and dropping ones with high scores. The article references TCP’s findings from the Quarterly Business Expectations Survey which shows that carriers are deploying several different methods to ensure compliance. Read the full article here.

Carriers Frustrated with Costs and Complexities of CSA

FleetOwner.com reports on how carriers are becoming more frustrated with the costs and complexities of CSA regulations according to TCP’s most recent quarterly survey. Over 75% of carriers surveyed indicate that compliance has cost them $500 or more per driver. For more information, click here.

Shippers Paying Attention to CSA Regulations

n a recent article by Bulk Transporter, TCP’s Second Quarter Business Expectations Survey results are discussed which show that shippers are beginning to pay attention to CSA regulations as well. For more information about the survey results, read the full article here.

Shippers Becoming More Aware of CSA Scores

Results from TCP’s Second Quarter Business Expectations Survey finds that carriers aren’t the only ones concerned about CSA scores. TruckingInfo.com discusses how shippers are becoming more aware of these scores as well. To read more about the survey findings, read the full article here.