A recent survey from Transport Capital Partners took a simple approach to assessing respondents’ industry outlook by simply asking: Is trucking starting to be fun again?
As part of the fourth-quarter TCP Business Expectations Survey, trucking company executives responded to the query with a mostly positive reaction: A little more than 55% said, “some days,” while one-third answered, “Yes.”
“Carriers are looking ahead to a positive year, though tempered by the continuing challenges of drivers, cost pressures, and HOS,” said TCP partner Steven Dutro.
Carriers have now been optimistic about volume growth for the past eight quarters of surveys. A total of 86% of carriers surveyed also expect rates to increase over the next 12 months, a continued trend that started in November 2012.