Transport Topics quoted Richard Mikes in the 2007 “Top 100 Carriers… Private Equity Reshapes Trucking.” Mikes was quoted as saying: “Private equity investors are providing an alternative for trucking companies looking to sell their business. It has given trucking more liquidity. The private equity investor is driven by financial parameters.” He also addressed trucking owners’ uses of debt after the past cycle.
Richard Mikes spoke at the CSX Intermodal Conference in Memphis, discussing the strategic outlook for trucking and intermodal movements. He addressed current regulation, the impact of technology, trucking profitability, cyclical and seasonal impact, rate, tonnage growth and road congestion. The growth of intermodalism will continue in the short and long term as shippers and carriers search for new strategies, he forecast.
Richard Mikes spoke at the annual Navistar Financial Corporation meeting in San Antonio on purchasing and financing decisions. His presentation included life cycle economics, financing trends, carrier decision methods, operational strategies, and technology trends. He discussed the needs and expectations of carriers for equipment financing over the long term with suppliers.
Richard Mikes, managing partner for Transport Capital Partners (TCP), was quoted in the annual Transport Topics 100 For-Hire Carriers in the article “Private Equity Reshapes Trucking As Investors Bolster Top Carriers.” Mikes said that private equity investors are giving an alternative to trucking companies looking to sell their business. Read the full article.
Lana Batts spoke at the American Trucking Association’s annual meeting in Dallas, Texas. She discussed recent merger and acquisition activities in the trucking industry, as well as the new inflow of money from private equity companies. She was also quoted in the November 6, 2006, Transport Topics about the presentation.
Richard Mikes spoke to the Ohio Trucking Association about “Establishing the Value of a Carrier.” He discussed family succession and estate plans, private carriers as a reflection of publicly traded carriers, and what drives valuation parameters along with equipment dynamics.
Richard Mikes’ “History of Trucking” speech at the AMRC is listed in The Researcher, June 2006, page 9. Download a PDF of the newsletter.
In an article for the Automotive Market Research Council (AMRC) of Marco Island, Fla., Richard Mikes, managing partner for Transport Capital Partners (TCP), wrote a segment on the “History of Trucking,” beginning in the early 1930s. Download a PDF of the article.
Lana Batts was quoted in Transport Topics for a story concerning “On-Board Electronic Recorders”. She noted that many of the objections to electronic onboard recording of drivers’ logs are no longer appropriate as prices have come down, reliability has gone up, and driver acceptance is high.
Lana Batts was the Keynote speaker for the PeopleNet Communications Annual Users Conference. The title of her speech was “Change, Uncertainty and Profits: How to Thrive in the Trucking Industry.”