HDMA Quotes Lana Batts on Fiscal Cliff

HDMA.org, the website for the Heavy Duty Manufacturers Association, references a Transport Topics article about the impending “Fiscal Cliff.” According to TCP Partner Lana Batts, “A lot of carriers say they want to sell before the end of the year. They may be buyers or sellers, but in the end they’re individuals, and a 3 percent or 6 percent tax increase comes out of their cash.” As a result, many carriers are waiting for the debate in Washington to be resolved before taking action on major transactions.

Read the full post at HDMA.org.