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Transport Capital Partners

Fleet Survey Shows Tight Truck Capacity Slowing Freight

The latest industry survey by the consultancy group Transport Capital Partners sees a shortage of capacity and lack of qualified drivers changing the dynamics of freight, with trends in capacity and rates also contributing to a decline in broker freight.

Carriers Could Pay Higher Wages to Address Driver Shortage

A shortage of experienced drivers means carriers are hesitant to increase capacity, despite rising carrier costs and rates, according to the quarterly Transport Capital Partners Survey. Expect increases in driver wages this year as a result.

Tightening of Capacity Coming from New HOS

An expectation of capacity tightening comes as carriers report how they will respond to new HOS regulations taking effect on July 1. The way their shippers work to minimize the impact of these changes will also affect this lowering utilization.

Optimism Increases for Future Rate and Volume Growth

A new Transport Capital Partners survey shows better expectations among trucking company executives when it comes to rates and freight volume. TCP says this breaks a three-year trend of lowering expectations for volume growth in the second quarter. More carriers expect volumes for the second quarter to hold steady.