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The Trucking Industry Battles a Difficult Economy

The Iowa Motor Transportation Association (IMTA) featured an article by Richard Mikes, managing partner for Transport Capital Partners (TCP), in its Spring 2009 issue of its magazine Lifeliner. The article “Trucking in Turbulent Times” discusses the current condition of the transportation industry, advises carriers on ways to endure, and uses findings from TCP’s Business Expectation Survey conducted in February. Read the full article here.

Batts Offers Advice for Surviving Tough Economic Climate

Transport Topics quoted Lana Batts, managing partner for Transport Capital Partners (TCP), in the article “After the Recession Ends…” Batts reports her insights during this economic downturn and provides recommendations for carriers on how to survive. Download a PDF of the article here.

Mikes Addresses Iowa Motor Truck Association

Richard Mikes spoke at two Iowa Motor Truck Association (IMTA) meetings on March 24 and 26th on the topic “Where Do We Go From Here? Capturing the Value of Change.” He discussed three primary areas: (1) Supply chain implications, involving trends toward more plant and distribution centers, closer national and international sourcing, and a modal mix shift favoring trucking; (2) Global and international recessions, with consumer confidence at its lowest levels, the resultant “fear factor,” and the likelihood that this recession will mirror the early ‘80s; and (3) Impact upon trucking, including results from the recent TCP survey that indicated the severity of rate pressures, high number of carriers considering buying or selling, carrier cost adjustments, the likelihood of capacity restraints with volumes rising in late 2009 or early 2010, and strategies being set for future prosperity and growth by carriers who seize opportunity now.

Good News to Be Found, Even in a Recession

Transport Capital Partners’ survey results are featured and discussed in the recent FleetOwner article, “The Good News Famine.” The article focuses on the positive news and attitudes still found despite the current state of the economy. Read the full article here.

Over 75% of Shippers Want to Change Fuel Surcharge Formulas

Lana Batts, managing partner of Transport Capital Partners, was quoted about the new trend of shippers trying to change fuel surcharge formulas in the March 23rd issue of Transport TopicsRead the full article here.

Recession Leads Some Truckers to Consider Leaving the Business

The Journal of Commerce Online recently published an article in which Transport Capital Partners is quoted on the effects of the recession on trucking. Read the full article here.

Dutro Advises Colorado Truckers on Beating the Recession

Steven Dutro spoke to a regional meeting of the Colorado Motor Carrier Association on the topic “Making It Through the Recession.” The presentation covered a broad perspective on the current recession, ways carriers can help themselves, and an update on the credit markets and various sources of credit.

Mikes to Speak at Iowa Motor Truck Association Meeting

Richard Mikes will be the featured speaker at the Iowa Motor Truck Association Meeting on March 24, 2009. His presentation is titled, “Trucking in 2009: Insight, Observations, and Predictions”.

Carriers Adjust to Economic Woes

Transport Capital Partners recently conducted a Business Expectations Survey of carriers nationwide in Feb 2009. Download the results here.

More Fleets Expected to Fold

Lana Batts, managing partner of Transport Capital Partners, was quoted in an article in the March 9th issue of Transport Topics in the article “More Fleet Failures Expected as Carriers’ Rates, Volumes Fall.
Read the full article here.