expressed by Ontario trucking companies<\/a> last month, fleets surveyed by TCP continue to feel buoyant over freight growth and pricing.<\/p>\n\u201cWhile still off its peak of 92% in February 2011, carrier confidence that volumes will increase over the following 12 months has risen in the last 2 years, from a low of 45% to 76% today, as plans are laid by the industry for 2015,\u201d noted TCP partners, Richard Mikes and Lana Batts, authors of the report.<\/p>\n
Trucking company executives were also asked the simple question, \u201cIs trucking starting to be fun again?\u201d Just over 55% of carriers said, \u201cSome days.\u201d And one-third gave a resounding, \u201cYes!\u201d<\/p>\n
Clearly, says TCP, attitudes have begun to change within the trucking industry.<\/p>\n
Following from expectations of increased volumes, 86% of carriers surveyed also expect rates to increase over the next 12 months. This continues a trend started in November 2012. TCP partner, Steven Dutro observed, \u201ccarriers are looking ahead to a positive year, though tempered by the continuing challenges of drivers, cost pressures, and HOS.\u201d<\/p>\n
However, the important question is whether this carrier optimism has actually translated into higher rates. TCP concludes that it is. With 1- to 2-year economic growth projections up modestly and capacity very tight, carriers are now seeing counter-seasonal freight rate increases. \u201cCarriers are entering the annual first quarter \u2018bid season\u2019 with a strong tailwind,\u201d says Mikes.<\/p>\n
Two key points clearly illustrate this return to confidence \u2013 the number of carriers seeing rate increases is seven times the number seeing rates remain the same; and the percentage of carriers who experienced rate increases jumped almost 50%.<\/p>\n","protected":false},"excerpt":{"rendered":"
The latest Transport Capital Partners (TCP) business expectations survey finds a shift in attitudes within the trucking industry as more carriers see their optimism accompanied by rising freight volumes and…<\/p>\n","protected":false},"author":2,"featured_media":257,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16],"tags":[215,30,89,21,166,167],"class_list":["post-1665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","tag-business-conditions","tag-capacity","tag-costs","tag-economy","tag-freight-rates","tag-freight-volumes"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/1665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=1665"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/1665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/257"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=1665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=1665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=1665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}