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Batts Offers Advice for Surviving Tough Economic Climate

Transport Topics quoted Lana Batts, managing partner for Transport Capital Partners (TCP), in the article “After the Recession Ends…” Batts reports her insights during this economic downturn and provides recommendations for carriers on how to survive. Download a PDF of the article here.

Mikes Addresses Iowa Motor Truck Association

Richard Mikes spoke at two Iowa Motor Truck Association (IMTA) meetings on March 24 and 26th on the topic “Where Do We Go From Here? Capturing the Value of Change.” He discussed three primary areas: (1) Supply chain implications, involving trends toward more plant and distribution centers, closer national and international sourcing, and a modal mix shift favoring trucking; (2) Global and international recessions, with consumer confidence at its lowest levels, the resultant “fear factor,” and the likelihood that this recession will mirror the early ‘80s; and (3) Impact upon trucking, including results from the recent TCP survey that indicated the severity of rate pressures, high number of carriers considering buying or selling, carrier cost adjustments, the likelihood of capacity restraints with volumes rising in late 2009 or early 2010, and strategies being set for future prosperity and growth by carriers who seize opportunity now.

Good News to Be Found, Even in a Recession

Transport Capital Partners’ survey results are featured and discussed in the recent FleetOwner article, “The Good News Famine.” The article focuses on the positive news and attitudes still found despite the current state of the economy. Read the full article here.