TRUCKING INDUSTRY NEWS * USA - Truckload Carriers Taking Accessorial Charges to Shippers
One-time fees for special services high on carriers’ negotiating list
Nashville,TN,USA -The Journal of Commerce, by William B. Cassidy -Sep 29, 2011: -- More than two-thirds of truckload carriers plan more use of accessorial charges, adding income from shipping fees to higher rates, Transport Capital Partners said... The consulting firm said 68 percent of the carriers it surveyed in the third quarter plan to renegotiate accessorial fees across more categories with shippers... Those accessorial fees include detention charges, mentioned by 42 percent of carriers, and fuel surcharges, which 39 percent of the carriers hoped to renegotiate... And the percentage of carriers that expect to renegotiate their contracts to change the mileage standard they use to bill shippers tripled, rising to nearly 20 percent... Those carriers hope to move from shortest-route mileages favored by shippers to a practical mileage standard that more accurately reflects distances traveled... Truckload rates continue to rise in the third quarter, as well, though at a slower pace. Forty-seven percent of the carriers surveyed by TCP saw rates rise 5 percent...
* USA - Truckload Carriers to Keep Capacity Flat
Nashville,TN,USA -The Journal of Commerce, by William B. Cassidy -Oct 4, 2011: -- Survey finds nearly 75 percent of truckers plan no new capacity over next year. Fewer truckload carriers are planning to add capacity next year than had planned to do so six months ago, according to a survey by Transport Capital Partners... Nearly three-quarters of the carriers TCP surveyed, 73 percent, said they did not plan to add any capacity over the next year or to add only 5 percent at most. That’s up from 60 percent in the second quarter, the consulting firm said. Large and small carriers alike said they were not planning to add capacity in the next year... Only 2.8 percent of carriers surveyed by TCP said they would add 16 percent or more over the next year, down from 29 percent in the firm’s first quarter survey...
* Florida - Quality Distribution Expands Tanker Business. Acquisition of Virginia’s Greensville Transport
Tampa,FL,USA -The Journal of Commerce, by William B. Cassidy -Oct 10, 2011: -- Bulk chemical hauler Quality Distribution paid $8.5 million for Greensville Transport of Virginia, expanding its intermodal tank container business... Quality, a $687 million company, said it will merge $8 million Greensville Transport with its eight-terminal Boasso America division once the transaction is complete. Greensville Transport has headquarters in Chesapeake, just outside Norfolk, Va., and gives Boasso access to ports in Virginia, Maryland and South Carolina... In addition to Boasso, Quality operates Quality Carriers, the third largest bulk truckload carrier in the U.S., according to SJ Consulting Group datas...
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