Transport Topics quoted Lana Batts, managing partner for Transport Capital Partners (TCP), in the article “After the Recession Ends…” Batts reports her insights during this economic downturn and provides recommendations for carriers on how to survive. Download a PDF of the article here.
April 20, 2009 -
Batts Offers Advice for Surviving Tough Economic Climate
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.
March 30, 2009 -
Over 75% of Shippers Want to Change Fuel Surcharge Formulas
Lana Batts, managing partner of Transport Capital Partners, was quoted about the new trend of shippers trying to change fuel surcharge formulas in the March 23rd issue of Transport Topics. Read the full article here.
March 10, 2009 -
Carriers Adjust to Economic Woes
Transport Capital Partners recently conducted a Business Expectations Survey of carriers nationwide in Feb 2009. Download the results here.
March 5, 2009 -
22% of Carriers Consider Leaving the Industry
An article in Fleetowner titled “Carriers consider leaving industry” reports the findings of Transport Capital Partners (TCP) Business Expectations Survey concerning this topic. Read the full article here.
November 1, 2008 -
Batts Analyzes the Credit Crunch
Traffic World quoted Lana Batts on the how the credit crunch is also affect efforts to privatize the nations highways and bridges. She noted that the same factors impacting the housing credit (less money, higher rates, more difficult covenants) are also impacting efforts of USDOT and state DOT efforts to secure private equity investment in highways and bridges. Money has become more difficult to secure because highway officials can neither guarantee revenues nor expenses.
October 20, 2008 -
For Many Truckers, Meeting Financial Obligations Becomes a Challenge
Transport Topics quoted Lana Batts on the credit crunch. She noted that banks are becoming concerned whether shippers will be able to pay their bills to carriers. As a result, they are concerned whether carriers’ account receivable are as solid as they once were. She noted that the issues to be “when” a carrier was paid; the issue is now becoming “if” they will be paid.
October 17, 2008 -
Lending is Difficult to Come By
Transport Capital Partners released oberservations on the current lending enviroment and credit market for trucking. View the entire article.
October 13, 2008 -
Batts Addresses Issues in Financing
Transport Topics quoted Lana Batts on the tight credit markets. She noted that while there are still some people who are willing to work with truckers on financing, the list is getting shorter and the qualifications are getting tighter.
October 9, 2008 -
Observations from the ATA Annual Meeting
Transport Capital Partners released oberservations on the recent ATA Annual Meeting. View the entire article.
