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Survey: 36% of Carriers Plan to Grow Fleets

April 22, 2013, 07:10 AM
Filed Under: Trucking
Related: Trucking

According to a report from Commercial Carriers Journal (CCJ), business conditions in trucking were improved in March over February, according to the latest Randall-Reilly MarketPulse survey of trucking conditions. The reports cites that  53% of the MarketPulse panel of for-hire trucking executives reported that business conditions had improved while only 8% said conditions were worse. Larger carriers — those with 100 or more trucks — in particular reported improved business conditions.

The CCJ reports says more than 60% of carriers expect business conditions to be better in six months, adjusting for seasonality, and 48% plan to replace aging equipment without changing fleet size over the next six months. About 36% plan to grow their fleets. Driver availability remains the top concern. More than half of larger carriers and 38% of smaller carriers listed driver availability as their top worry.
To read the full Randall-Reilly MarketPulse report, click here.

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