Transport Capital Partners recently conducted a Business Expectations Survey of carriers nationwide in Feb 2009. Download the results here.
March 10, 2009 -
Carriers Adjust to Economic Woes
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.
September 19, 2008 -
Carriers Feeling the Pinch
Transport Topics quoted Lana Batts on the growing cash crunch. She noted that shippers are extending the time the pay carriers. The problem is made worse because carriers have to pay their fuel costs on a daily basis, but are being paid by the shipper until 45 days later. She noted that even if a carrier receives 100% fuel surcharges from 100% of its customers, it is still about 20% in recovering its increased fuel costs because of billed versus actual miles, out of route miles, empty miles, and idling.
October 9, 2007 -
Batts Addresses Nebraska Motor Carriers Association
Lana Batts spoke at the annual meeting of the Nebraska Motor Carriers Association in Lincoln, NE on the shifting sands of the trucking industry. She noted that many new realities faced the trucking industry that needed to be factored into the operations of any company, including high fuel prices a fact of life, driver shortages are not going to go away, and that congestion will continue to impact the ability of a carrier to guarantee on-time deliveries.
August 13, 2007 -
Batts Speaks at PeopleNet Users Conference
Lana Batts spoke at the PeopleNet Users Conference on “What the Future Holds for Trucking,” in Hilton Head, SC. She addressed certain factors that are now a given, such as high, volatile fuel prices, chronic driver retention issues, and highway congestion. She also pointed out positive factors affecting the industry such as increased freight volumes, improved trucks, and new markets.
July 27, 2005 -
Schnoes, Welborn Present at Commercial Carrier University
James Schnoes and Miller Welborn were speakers at the Commercial Carrier University, held in conjunction with the Texas Motor Truck Association’s annual meeting in Austin, TX. The topic of their presentation was the value of education and training and how to better utilize the resources of Commercial Carrier University.
February 19, 2005 -
Driver Shortage a Long-Term Problem
Lana Batts was quoted extensively about the truck driver shortage throughout the Gannett News Service. She said the crisis had been building since the early 1990’s and has resulted in “too few drivers, operating too few tractors, pulling too few trailers.”
January 17, 2005 -
Batts Vouches for Pay Increases
Lana Batts was extensively quoted in a Transport Topics article entitled, “TRB Panel Targets Pay to Woo More Drivers.”
January 17, 2005 -
Drivers in Need of Wage Increase
Lana Batts was quoted in Traffic World about the need to pay drivers more. In the article entitled “Double the Money,” she said that “the truth is we can’t pay them enough to overcome the crummy lifestyle.”
January 13, 2005 -
Batts Discusses Driver Shortage
Lana Batts participated in a panel discussion at the National Academy of Science’s Transportation Research Board, 84th Annual Meeting, Washington, DC. Topic: “The Truck Driver Shortage”.
