Fleets expect freight volumes to rise, rates to stabilize
Fleet owners are becoming more optimistic about a trucking recovery in the next 12 months, according to an article in the July edition of The Roemer Report
July 6, 2009
Fleet owners are becoming more optimistic about a trucking recovery in the next 12 months, according to an article in the July edition of The Roemer Report. A survey of about 150 fleets conducted by Nashville consulting firm Transport Capital Partners (TCP) found 37% now expect freight volume to rise over the next 12 months-- compared with 21% in a survey just two months earlier.
In addition, a majority of the surveyed carriers noted that they believe rates will stabilize in the next year, instead of decreasing as predicted in an earlier survey. “These responses would indicate that perhaps a bottom has been reached” in rates, TCP said.
Surveyed fleets also reported obtaining lower insurance rates and signaled less interest in exiting the trucking industry than they had previously.
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