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 17, 2012 -
Carriers Getting Better Spot Market Rates
April 16, 2012 -
Carriers Using a Variety of Methods to Comply with CSA Regulations
TheTrucker.com reports a sharp increase in the number of carriers making efforts to comply with CSA regulations. Whereas in 2010 50% of carriers were unprepared for the CSA, TCP’s latest survey reveals that 65% of carriers are using at least three different methods to meet regulations. Read more here.
April 16, 2012 -
Carriers Using More Brokers
Transport Topics cites a TCP report revealing a sharp increase in the number of motor carriers using brokers over the same month last year. This increase is attributed to the fact that the spot market pays higher than contract rates. Read more here.
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 Moving Away from the Use of Brokers
As reported by Bulk Transporter, carriers are moving away from the use of brokers. According to TCP’s First Quarter 2012 Business Expectations Survey, 33% of carriers are using more brokers whereas 67% are using less. Read the full article here.
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 -
Carriers Reducing Use of Brokers
Logistics Management uses a recent TCP study to determine that as a percentage of total revenue, carriers are reducing their use of brokers. TCP partners explain their finding in detail 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.
April 2, 2012 -
Carriers Leaning Towards Company Equipment to Add Capacity
Based on the findings from TCP’s recent industry survey, TheTrucker.com discusses how carriers are slightly less hesitant to add capacity and are leaning towards company equipment – cash, financed, and leased, to add that capacity. Fewer carriers are saying “no” to capacity increases, and more carriers are looking to add more than 5 percent. Click here to read more.
