An article in Fleetowner titled “Carriers consider leaving industry” reports the findings of Transport Capital Partners (TCP) Business Expectations Survey concerning this topic. Read the full article here.
March 5, 2009 -
22% of Carriers Consider Leaving the Industry
February 23, 2009 -
New Driver Pay Suffers Amid Economic Downturn
Transport Topics recently quoted Richard Mikes regarding new driver’s pay. The article also references the national Business Expectations survey conducted by Transport Capital Partners. Read the entire article.
February 23, 2009 -
Wages Remain Low as Freight Demand Drags
Richard Mikes, managing partner of Transport Capital Partners, was quoted in the article “Some Firms Cut New-Driver Pay as Freight Demand Stays Low” in the February 23 issue of Transport Topics. Read the full article here.
November 3, 2008 -
Lending Slow in Rough Economy
Transport Topics recently published an article by Steven Dutro, “Carriers in the New Lending Enviroment”. View the entire article.
November 1, 2008 -
Batts Analyzes the Credit Crunch
Traffic World quoted Lana Batts on the how the credit crunch is also affect efforts to privatize the nations highways and bridges. She noted that the same factors impacting the housing credit (less money, higher rates, more difficult covenants) are also impacting efforts of USDOT and state DOT efforts to secure private equity investment in highways and bridges. Money has become more difficult to secure because highway officials can neither guarantee revenues nor expenses.
October 20, 2008 -
For Many Truckers, Meeting Financial Obligations Becomes a Challenge
Transport Topics quoted Lana Batts on the credit crunch. She noted that banks are becoming concerned whether shippers will be able to pay their bills to carriers. As a result, they are concerned whether carriers’ account receivable are as solid as they once were. She noted that the issues to be “when” a carrier was paid; the issue is now becoming “if” they will be paid.
October 17, 2008 -
Lending is Difficult to Come By
Transport Capital Partners released oberservations on the current lending enviroment and credit market for trucking. View the entire article.
October 13, 2008 -
Batts Addresses Issues in Financing
Transport Topics quoted Lana Batts on the tight credit markets. She noted that while there are still some people who are willing to work with truckers on financing, the list is getting shorter and the qualifications are getting tighter.
October 9, 2008 -
Observations from the ATA Annual Meeting
Transport Capital Partners released oberservations on the recent ATA Annual Meeting. View the entire article.
October 3, 2008 -
TCP Assists in US XPress/Smith Transport Merger
Transport Capital Partners is pleased to have assisted in a transaction between U.S. Xpress Enterprises and Smith Transport, Inc., in wich U.S. Xpress will acquire 47 percent interest in Smith Transport. View the full article.
