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BES Survey Points to Limited Growth in Capacity

As reported on Refrigerated Transporter, carriers are not likely to add much capacity in the coming year. According to the quarterly Business Expectations Survey from Transport Capital Partners, the number of carriers expecting to add little or no capacity has remained between 70% and 74% for the past five quarters. TCP Partner Lana Batts cites driver shortages, coupled with CSA and HOS regulations, as having a diminishing effect on equipment purchases.

Carriers Looking at Natural Gas as Potential Fuel Source

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.

Due to Trucker Shortage, Increased Focus on Recruitment Efforts

Refrigerated Transporter also points out TCP’s finding that there is a trucker shortage. While larger carriers have a more difficult time recruiting new drivers, an increased focus on improving recruitment efforts is evident throughout the industry. Read the full article.