Despite the fact that carriers are confident about the year ahead, one in four are considering exiting the industry over the next 18 months, according to Transport Capital Partners' (TCP) recent Business Expectations Survey.
TCP uses the quarterly survey to collect the insights and opinions of executives nationwide in order to report on the current state of the industry and future expectations.
"TCP's surveys over the last five quarters clearly show carriers have become more confident in rates and volumes, but in the short run a substantial number of carriers say they are considering leaving if tonnage does not increase in six months," said Richard Mikes, a managing partner for TCP. "Over a quarter of carriers would be interested in selling over the next 18 months."
-From Truckinginfo.com. Read the full article here.
TCP uses the quarterly survey to collect the insights and opinions of executives nationwide in order to report on the current state of the industry and future expectations.
"TCP's surveys over the last five quarters clearly show carriers have become more confident in rates and volumes, but in the short run a substantial number of carriers say they are considering leaving if tonnage does not increase in six months," said Richard Mikes, a managing partner for TCP. "Over a quarter of carriers would be interested in selling over the next 18 months."
-From Truckinginfo.com. Read the full article here.
