The fourth quarter Business Expectations Survey was cited in a recent article by Transport Topics about a 148% gain in truck orders. The survey showed that many carriers are “shifting to a more aggressive tractor replacement plan.” TCP partners were in the article, to read click here.
December 13, 2010 -
Carriers Shifting to a More Aggressive Tractor Replacement Plan
December 8, 2010 -
Good News for Truck Manufactorers
TheTrucker.com highlights the good news for truck makers. The recent TCP survey shows that forty percent of responding carriers said that they would acquire (or replace) more than 10% of their fleet. 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.
December 8, 2010 -
Carriers Acquiring & Replacing More Equipment
TruckingInfo.com covers the recent survey conducted by TCP which shows that carriers are moving to more aggressive equipment acquisition and replacement plans. Read the full article here. Read more.
August 23, 2010 -
Interest in Used Trucks is Growing
A recent article of Transport Topics notes that interest in used trucks is growing and that new vehicles only accounted for 23% of 2010 registrations. Mikes discusses how the increase in the price of new equipment puts pressure on carriers to raise rates. To learn more about the recent equipment trend, click here.
May 4, 2010 -
Shortage of Trucks Could Lead to Higher Rates
Schilli Transportation News, a news resource from Schilli Transportation Services, notes TCP’s findings that 445 bankruptcies occurred in the trucking industry in the last quarter of 2009 and that over 170,000 trucks have become inactive over the past year and a half due to bankruptcies. Read the full article.
April 1, 2010 -
Carriers Hesitate to Purchase New Equipment
In “Carriers Still Slow to Buy New Equipment: TCP Survey,” Bulk Transporter highlights TCP’s Business Expectations Survey’s finding that about half of carriers do not plan to buy new trucks very soon and discusses related findings. Read the full article here.
March 26, 2010 -
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.
December 29, 2009 -
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.
September 11, 2009 -
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.
