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Half of Carriers Plan to Add Capacity

In “Carriers Hesitant to Add New Equipment,” Truckinginfo.com uses information from the Business Expectations Quarterly survey to assert that 56% of carriers expect to grow by adding new capacity from company-owned equipment rather than independent carriers. The article quotes managing TCP partners Richard Mikes and Lana Batts. Read the full article here.

One-Fifth of Carriers Contemplate Selling in Near Future

Transport Capital Partners’ (TCP) Managing Partners Lana Batts and Richard Mikes are quoted in TruckingInfo’s “Fleet Equipment Purchase Plans Stabilize” about results from the firm’s fourth-quarter Business Expectations Survey. Results show that carriers are stabilizing on fleet replacement, with a pre-buy unlikely and more interest in buying and selling shown this quarter than previous months. Read the full article.

Recovery Among Freight Carriers Likely to Be Sluggish

Today’s Trucking quoted Richard Mikes, managing partner for Transport Capital Partners, in “Truck analysts say climb back from recession will be slow.” The article included results from TCP’s Business Expectations Survey, conducted quarterly, about equipment purchasing and fleet acquisitions in the current economy and other state-of-the-industry topics. Read the full article.

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.