Carriers will continue to be very conservative in replacing their fleet equipment over the next twelve months, according to the Fourth Quarter 2012 Business Expectations Survey from Transport Capital Partners.
Although there is an increase in carriers planning to acquire 11% to 25% of their tractor fleets (in line with a four-year trade cycle), 60% of the smaller carriers (under $25 million in revenue) and 45% of larger carriers indicated they were going to replace under 10% of their tractor fleets.