TCP Partners, Lana Batts and Richard Mikes, discuss where the trucking industry is headed in an annual report covering the current industry trends. Some of the topics covered include drivers, equipment, and capacity. Read the full paper.
February 10, 2011 -
Where is the Industry Headed?
December 20, 2010 -
Carriers Anticipate Continued Capacity Constraints
Transport Topics reviews two recent TCP surveys that indicate a slowing in freight demand as well as “continued capacity constraints.” TCP’s fourth quarter Business Expectations survey showed that 34% of the fleets surveyed are planning to add equipment in the next 12 months but this is primarily replacement of aging equipment. To read more about TCP’s recent survey and industry trends such as driver additions, click here.
December 8, 2010 -
Capacity Lagging Behind Fleet Expansion
Today’sTrucking.com covers how according to TCP’s recent survey, capacity is lagging behind fleet expansion. Read more.
December 8, 2010 -
Carriers More Eager to Replace Aging Fleets, Still Uncertain About Capacity
TruckingInfo.com covers the recent survey conducted by TCP which shows that carriers are more eager to replace their aging fleets, but do not plan on adding capacity. Read the full article here.
Read more.
September 15, 2010 -
Practical Miles vs. Shortest Miles Formula
DC Velocity writer, Mark B. Solomon, discusses TCP’s finding regarding the change to the “Practical Miles” trucker pay formula from the more traditional “Shortest Miles” formula. Read more.
September 10, 2010 -
Almost Seventy Percent of Carriers Expect Volumes to Increase
The Trucker.com captured TCP’s third quarter survey results in an online article entitled, “Carriers: freight volume to increase in next year, but capacity won’t.” The article quotes both Lana Batts and Richard Mikes, TCP managing partners. Read more.
September 10, 2010 -
Carriers Plan to Use Independent Contractors and Used Trucks to Add Capacity
Truckinginfo.com displayed the survey results for TCP’s Business Expectation Survey, quoting Lana Batts, managing partner for TCP, about the specific ways carriers intend to add capacity in the next year. These plans include the use of both independent contractors and used trucks, despite high cost and limited availability. Read more.
March 11, 2010 -
Capacity Likely to Improve in Long Term
Today’s Trucking quoted Transport Capital Partners (TCP) in the Featured News article “‘Inverse Perfect Storm’ Brewing in Trucking: Analysts” about results from the most recent Business Expectations Survey, conducted quarterly by TCP. John Burton with ACT Research Co. (ACT) reports similar results from his company’s surveys: carriers and industry vendors think capacity is tightening in February but should improve in the second half of 2010 and in 2011. Read the full article here.
March 8, 2010 -
Rates Set to Improve in Year Ahead
TruckingInfo.com’s “TCP: Capacity Crunch, Improved rates Are in the Cards” quotes Lana Batts, managing partner for Transport Capital Partners (TCP) on projections for the industry in the next year. The article quotes Batts during a conference call hosted by Stifel Nicolaus March 5th. Her responses were based on results from the most recent Business Expectations Survey, conducted by TCP each quarter. Read the full article here.
April 1, 2009 -
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.
