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Tech Acquisitions Up, Carriers Optimistic for 2010

Heavy Duty Trucking quoted Lana Batts and Richard Mikes, managing partners for Transport Capital Partners (TCP), in two articles in its January 2010 print publication. “Trucking technology company consolidation is a trend” quotes Batts as saying more “wallet share acquisitions” are likely to increase in the transportation industry during the next few years. “Survey: Carriers optimistic, but still feel cash pinch” reports the findings of TCP’s fourth quarter Business Expectations Survey, quoting both Mikes and Batts about the outlook trucking companies reported in the past three months. Read the full article here.

Volumes Expected to Rise in 2010

Expediters Online reported their expectations for 2010 in “What Does 2010 Hold for Trucking,” and quoted Transport Capital Partners’ (TCP) managing partners’ about executives’ expectation for freight volume to improve in the next seven to 12 months. Read the full article here.

Positive Outlook for Rates and Volumes in 2010

Logistik News, a German online news publication for the transportation industry, posted the article, “Trucking news: Transport Capital Partners survey shows an optimistic outlook heading into 2010” from Logistic Management. The article reports on Transport Capital Partners’ (TCP) fourth quarter Business Expectations Survey and its hopeful look for the New Year to see increases in rates and volumes for carriers. See the posting here.