Richard Mikes spoke at the CSX Intermodal Conference in Memphis, discussing the strategic outlook for trucking and intermodal movements. He addressed current regulation, the impact of technology, trucking profitability, cyclical and seasonal impact, rate, tonnage growth and road congestion. The growth of intermodalism will continue in the short and long term as shippers and carriers search for new strategies, he forecast.
Richard Mikes spoke at the annual Navistar Financial Corporation meeting in San Antonio on purchasing and financing decisions. His presentation included life cycle economics, financing trends, carrier decision methods, operational strategies, and technology trends. He discussed the needs and expectations of carriers for equipment financing over the long term with suppliers.
Richard Mikes, managing partner for Transport Capital Partners (TCP), was quoted in the annual Transport Topics 100 For-Hire Carriers in the article “Private Equity Reshapes Trucking As Investors Bolster Top Carriers.” Mikes said that private equity investors are giving an alternative to trucking companies looking to sell their business. Read the full article.