The Trucker.com, America’s Trucking Newspaper, quoted TCP on the recent survey that found that a majority of carriers are reporting rates increases, but most of these increases are less than five percent. Seventy percent of respondents said the fuel surcharges are not covering costs, however. Read more.
Desi Trucking Magazine highlights the findings on volume and rate expectations of TCP’s first quarter industry survey. “If volumes follow the same pattern as 2011,” note the partners, “the possibility of a generally upwards rate trend over the coming year with a rate spike in early summer seems likely.” Click here to read the full article.
TruckingInfo.com reports on how carriers are optimistic for 2012. According to TCP’s first quarter Business Expectations Survey, 77% of carriers expect volumes to increase in the year ahead and only 2.6% expect volumes to decrease. Click here to read the full article.
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.
The Ontario Trucking Association reported on TCP’s first quarter Business Expectations Survey which that found that for the past three quarters carriers have continued to be optimistic for volumes and rates in the year ahead. Click here to read more.
A recent article by Transport Topics says that while predictions for the nation’s economic growth are still cautious, the trucking industry may see a “profitable ride” in 2012. Some analysts believe that freight rates will rise faster than inflation, allowing both truck and rail carriers to see an increase in profit margins. The article cites TCP’s fourth quarter 2011 Business Expectations Survey which found that three out of four executives expect freight rates to increase. To read more about rate expectations in 2012, click here to read the full article.
Supply Chain Management highlights the optimism in the trucking industry as TCP’s final quarterly survey for 2011 shows that 61% of carriers expect volumes to increase in the coming year. Batts, who is quoted in the article, says that she was pleasantly surprised by the outlook, especially when there are so many fluctuations in the economy and political climate. Click here to read the full article.
The Journal of Commerce discusses TCP’s fourth quarter Business Expectations Survey which shows optimism from carriers, with more than 60 percent expecting volumes to increase in 2012. Additionally, only 2% of those surveyed expect freight levels to drop. Click here to read the full article.
In an article by TruckingInfo.com, TCP’s recent survey is highlighted which showed that both small (under $25 million in revenue) and large carriers are expecting rates and volumes to increase in 2012. The survey also showed that a significant number of carriers reported increased rates over the previous three months. For more information about rate and volume expectations in 2012, click here to read the full article.
TheTrucker.com reports on TCP’s recent survey which shows that carriers are optimistic about both volumes and rates in the coming year. For more information about the survey, click here to read the full article.
