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News

Half of Carriers Plan to Add Capacity

In “Carriers Hesitant to Add New Equipment,” Truckinginfo.com uses information from the Business Expectations Quarterly survey to assert that 56% of carriers expect to grow by adding new capacity from company-owned equipment rather than independent carriers. The article quotes managing TCP partners Richard Mikes and Lana Batts. Read the full article here.

C. Bean Transport Files Chapter 11 Bankruptcy

In an article about the recent bankruptcy of a trucking company in Arkansas, The Journal of Commerce quotes TCP’s Lana Batts about the future of financing trucks. Read the full article here.

Acquisitions Likely in Tough Economy

Commercial Carrier Journal Digital in their article “TCP Survey Shows One in Four Carriers Pondering Quitting” cites the recent TCP Business Expectations Survey. Managing Partners Lana Batts and Richard Mikes commented on the results agreeing that the industry is prime for a flood of acquisitions.
Read the full article here.

Carriers Consider Leaving the Business

In “One Fourth of Carriers Looking at Leaving the Industry,” TruckingInfo.com reports results from Transport Capital Partners’ (TCP) Business Expectations Survey. The survey, conducted quarterly, indicated that carriers have become more confident in rates and volumes, but their hopes for long term survival are not so optimistic, with one in four considering selling if conditions don’t improve in the next six months.
Read the full article.

One in Four Carriers Consider Selling

In the article “TCP Survey Shows One in Four Carriers Consider Selling,” TodaysTrucking.com summarizes TCP’s Business Expectations Survey results, focusing on the findings that many surveyed carriers have confidence in the coming year while about 25% of carriers are thinking about leaving the industry over the next year and a half. Read the full article here.

Capacity Likely to Improve in Long Term

Today’s Trucking quoted Transport Capital Partners (TCP) in the Featured News article  “‘Inverse Perfect Storm’ Brewing in Trucking: Analysts” about results from the most recent Business Expectations Survey, conducted quarterly by TCP. John Burton with ACT Research Co. (ACT) reports similar results from his company’s surveys:  carriers and industry vendors think capacity is tightening in February but should improve in the second half of 2010 and in 2011. Read the full article here.

TCP Assists in Acquisition of McGriff Transportation

TruckingInfo.com’s article, “TCP Assists in HB Holdings’ Acquisition of McGriff Transportation” features TCP’s acquisition services. Managing Partner Miller Welborn was quoted. Read the full article here.

Rates Set to Improve in Year Ahead

TruckingInfo.com’s “TCP: Capacity Crunch, Improved rates Are in the Cards” quotes Lana Batts, managing partner for Transport Capital Partners (TCP) on  projections for the industry in the next year. The article quotes Batts during a conference call hosted by Stifel Nicolaus March 5th. Her responses were based on results from the most recent Business Expectations Survey, conducted by TCP each quarter. Read the full article here.