Batts quoted about trucking acquisitions on the increase

Lana Batts, Partner with Transport Capital Partners (TCP), was recently quoted in an article by about the increase in fleet acquisitions and mergers in recent months.  TCP is an advisory firm that facilitates merger and acquisitions for trucking companies. According to Batts, “we are just at the beginning of the cycle” for M&A activity.  There are a number of businesses that are currently looking to sell, and it looks like this will continue for the forseeable future. Batts also says that the “uncertainty about the number of taxes that carriers pay, such as the ‘Obamacare’ tax increase, fuel taxes, tolls, etc., have many carrier executives scratching their heads and wondering if they should stay in the business.”

TCP recently conducted its first quarter Business Expectations Survey which included questions about carriers’ expectations for buying or selling a company in the next 18 months. These results will be released in the next few weeks.

To read the full article, click here.