Transport Topics acknowledges a TCP report noting that 32% of carriers have made changes to their businesses in the past year, compared to 23% from last year’s survey. Richard Mikes, TCP partner, said, “Long-term strategy has come to the forefront as carriers cope with high demands for equipment and balance that with rising equipment costs, driver constraints, and operating dynamics.” Read the full article here.
April 30, 2012 -
More Carriers Have Made Changes to their Businesses in the Last Year
April 23, 2012 -
Carriers Investing More in CSA
A recent article by Today’s Trucking states that according to results from TCP’s First Quarter Business Expectations Survey, carriers are investing in CSA through a variety of methods including training for drivers, changing how sub-performing driving is monitored, and investing in technology. Both Lana Batts and Jim Parham are quoted. To read more about the changes carriers are making to comply with CSA regulations, read the full article
April 17, 2012 -
Carriers Getting Better Spot Market Rates
Lana Batts, TCP Partner, was recently quoted in an article by Logistics Management discussing the Transcore’s reports on spot market data in March. Batts discusses how the dips and falls in the market have impacted the spot market and that right now carriers “are getting better spot market rates than they are getting out of their contract rates.” Click here to read more about spot market trends.
April 13, 2012 -
Business Expectations Survey Featured in Heavy Duty Trucking Magazine
TCP’s First Quarter 2012 Business Expectations Survey was the feature story in Heavy Duty Trucking Magazine‘s April Headline Newsletter. TCP partner Richard Mikes acknowledges that “the agility of the trucking industry to adapt to change has been clearly evident with new safety methods and cooperation from drivers in a true team effort”. Click here to read the article.
April 11, 2012 -
Carriers Experience Challenges Balancing Capacity and Drivers
In a recent article by Logistics Management about the slight decrease in driver turnover of large fleets in the last quarter, Lana Batts is quoted discussing the current challenges that carriers face balancing capacity and drivers. Read the full article here.
April 9, 2012 -
Carrier Capacity Expectations Increase in First Quarter
Transport Topics cites a TCP survey indicating an increase in carrier capacity in the first quarter of 2012. TCP partners Richard Mikes and Lana Batts attribute the increase in carrier confidence to favorable interest rates and reports of growth in the industry. Read more here.
April 6, 2012 -
Carriers Attracted to Spot Market Due to Higher Rates
TruckingInfo.com reports on the effect of spot market rates on broker usage. Citing TCP data from the past year, TCP partner Lana Batts states that “while some carriers might use brokers to increase freight, TCP believes that most of these carriers are attracted to the spot market due to higher rates.” Read the article here.
March 29, 2012 -
Carriers Not Overly Eager to Add Capacity
Logistics Management reports on the recent findings of TCP’s quarterly Business Expectations Survey that found that while the economy is approving, carriers are not overly eager to add capacity. Batts, who is interviewed for the article, says that “these numbers are not too surprising.” To read more about the reflections of the partners on the data, click here.
March 23, 2012 -
Richard Mikes Presented Recently at VCF Conference
Richard Mikes, TCP Partner, spoke at the recent VCF Conference in Miami about many of the current trends in the trucking industry such as the capacity crunch and the expected increase in truckload costs. Read Supply Chain Management’s full review of the VCF Conference here.
March 21, 2012 -
Carriers Expect to See Increase in Volumes & Rates in Coming Year
Bulk Transporter reports how carriers expect to see an increase in both volumes and rates in the coming year according to TCP’s recent quarterly industry survey. Both Batts and Mikes are quoted in their analysis of the survey findings. Click here to read the full article.
