Transport Topics quoted Lana Batts on the credit crunch. She noted that banks are becoming concerned whether shippers will be able to pay their bills to carriers. As a result, they are concerned whether carriers’ account receivable are as solid as they once were. She noted that the issues to be “when” a carrier was paid; the issue is now becoming “if” they will be paid.
October 20, 2008 -
For Many Truckers, Meeting Financial Obligations Becomes a Challenge
October 17, 2008 -
Lending is Difficult to Come By
Transport Capital Partners released oberservations on the current lending enviroment and credit market for trucking. View the entire article.
October 13, 2008 -
Batts Addresses Issues in Financing
Transport Topics quoted Lana Batts on the tight credit markets. She noted that while there are still some people who are willing to work with truckers on financing, the list is getting shorter and the qualifications are getting tighter.
October 9, 2008 -
Observations from the ATA Annual Meeting
Transport Capital Partners released oberservations on the recent ATA Annual Meeting. View the entire article.
October 3, 2008 -
TCP Assists in US XPress/Smith Transport Merger
Transport Capital Partners is pleased to have assisted in a transaction between U.S. Xpress Enterprises and Smith Transport, Inc., in wich U.S. Xpress will acquire 47 percent interest in Smith Transport. View the full article.
