Carriers Still Concerned About Credit Availability

Motor carriers are considering engines, EOBRs and credit availability as they plan for equipment purchases in the year ahead, according to the Business Expectation Survey for 2010’s second quarter by Transport Capital Partners, LLC (TCP). “Carriers are interested in credit availability for replacing equipment, but larger carriers are more optimistic about the credit outlook,” said Lana Batts, managing partner of TCP. Two-thirds of carriers believe that credit availability will remain the same, she pointed out, while a quarter look for improvement and one-sixth of those surveyed expect it to tighten. Discussion still remains over EPA 2007 and EPA 2010 ...

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