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News

Mergers and Acquisitions on the Rise

Mikes is quoted in a recent Transport Topics article which highlights the growing interest in mergers and acquisitions in the transportation industry. Factors such as the improving economy and greater business potential have accelerated the mergers and acquisitions market. To read more about recent acquisitions and the growing trend, read the full article.

Trucking Largely Unaffected by Maritime Transportation

TCP Managing Partner Lana Batts responded to the Department of Transportation’s “America’s Marine Highway” program in “Marine Highways Not Seen As Big Competitor to Trucking.” Batts asserts the trucking industry is safe unless “unless you can figure out how to get the barge to pull up to the dock at Wal-Mart.”
Read the full article here.

Carriers Unprepared for CSA 2010

Truckininfo.com cites Transport Capital Partner’s Business Expectations Quarterly Survey in “Half of Truckload Carriers Unprepared for CSA 2010.” Managing partners Richard Mikes and Lana Batts comment on the carrier unpreparedness. Read the full article here.

Carriers Hesitate to Purchase New Equipment

In “Carriers Still Slow to Buy New Equipment: TCP Survey,” Bulk Transporter highlights TCP’s Business Expectations Survey’s finding that about half of carriers do not plan to buy new trucks very soon and discusses related findings. Read the full article here.