While the use of independent contractors has remained steady over the last five quarters, the tendency for carriers to use contractors to expand their fleets is trending down. TruckingInfo.com quotes Batts and Mikes on the findings from TCP’s recent Business Expectations Survey. To read the full article, click here.
October 20, 2011 -
Tendency for Carriers to Use Contractors to Expand Fleets is Down
October 13, 2011 -
Canadian Trucking Alliance Reports on Recent TCP Survey
The Canadian Trucking Alliance reports on the most recent TCP Business Expectations Survey by highlighting the decrease in the use of brokers in the industry. To read more about the future of brokers in the trucking industry, click here.
October 5, 2011 -
Truck Order Higher Than Expected in September But Capacity Increases Still Uncertain
FleetOwner.com speculates the upcoming future of the trucking industry and cites the Third Quarter TCP Business Expectations Survey. According to ACT Research Co., truck orders for September exceeded expectations, and another report shows that the non-manufacturing sector continues to grow. Capacity increases are still uncertain however, and many carriers report not planning on adding significant capacity. For more information, read the full article.
October 5, 2011 -
Carriers Backing Away from New Truck Buying Plans
TruckingInfo.com reports how carriers are backing away from new truck buying plans and are unsure of how to add capacity. The article cites the Third Quarter TCP Business Expectations survey as well as quoting both Batts and Mikes. To read more about carriers’ feelings on adding capacity, read the full article.
October 4, 2011 -
Parham Brings 40 Years of Experience to TCP
TruckingInfo.com reports the recent addition of Jim Parham to the Transport Capital Partners team. Parham brings more than 40 years of experience in the transportation industry. For more information about Parham and Transport Capital Partners, read the full article.
September 29, 2011 -
Carriers Are Taking Accessorial Charges to Shippers
The Journal of Commerce reports online that truckload carriers are taking accessorial charges (one-time fees for special services) to shippers. The article cites findings from TCP’s recent survey which asked carriers about a variety of industry issues, including renegotiation of accesorials. The article mentions that companies like UPS and FedEx Express have long used these charges and 68% of the carriers surveyed plan on renegotiating these fees as well. Click here to read more.
September 28, 2011 -
Tonnage “In Check” and In Line With Historical Trends
Despite a decline in tonnage, FleetOwner.com reports some interesting news for the trucking industry. According to chief ATA economist Bob Costello, the number of trucks operating is down and carriers are having trouble recruiting drivers, which is keeping “tonnage in check.” The decrease in tonnage, however, is in line with historical trends and over half of carriers from TCP’s Third Quarter Business Expectations survey said that their rates did increase over the last three months. Read the full article here.
September 21, 2011 -
Uncertainty in the Economy Affecting Carriers Outlook
TheTrucker.com cites the TCP Third Quarter Business Expectations Survey which suggests that the uncertainty in the economy is affecting carriers’ outlook in business volumes. Read the full article here.
September 21, 2011 -
Number of Carriers Expecting Business Volumes to Increase is Down
In May of 2011, almost 80% of carriers surveyed expect business volumes to increase but this number shrank down to only 48% of carriers in TCP’s recent survey. Both Batts and Mikes were quoted in TruckingInfo.com’s article. Read the full article here.
September 20, 2011 -
TCP Announces the Addition of Jim Parham as Managing Partner
FleetOwner.com reports on TCP’s recent announcement of the addition of Jim Parham as a managing partner of the firm. Parham has over 40 years of experience in the industry, including 25 years as President of Jim Parham & Associates. Read the full article here.
