Transport Capital Partners’ (TCP) fourth-quarter survey results showed new Hours of Service rules impacting carrier productivity. TheTrucker.com posted a recent article detailing this impact.
Increases in rates and improved accessorial charges have yet to materialize for many carriers. They are, instead, looking to increase productivity as a means to raising their bottom lines.
However, the new HOS regulations appear to be significantly impacting that avenue of growth.
Seventy-eight percent of carriers reported HOS as having some impact on productivity. Thirty-seven percent say the new regulations will have more than a 5 percent impact.
Amazingly, almost six months after the changes were implemented, 16 percent of carriers still have not determined the impact.
Read more here.
