Mikes is quoted in an article of Transport Topics discussing the recent decision of three truck fleets to provide public share offerings. For more than five years the industry has gone without a stock sale. All three carriers plan to repay debt with the proceeds. Click here to read the full article.
August 23, 2010 -
Mikes Quotes on Recent Decision by Three Fleets to Provide Public Share Offerings
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.
June 30, 2010 -
Effects of the Improving Economy on the Transportation Industry
An article by Truckinginfo.com says that TCP’s most recent Business Expectations Survey reports important findings about the effects of the improving economy on the transportation industry. The article focuses on carriers’ increased interest in mergers and acquisitions. Read the full article.
June 28, 2010 -
Two-Thirds of Carriers Report Driver Shortage
According to TodaysTrucking.com, TCP’s Business Expectations Survey offers much insight into the current supply and demand dynamics of drivers in the trucking industry. While trucker recruiting is a growing problem during this shortage, truckers are in a favorable position. Read the full article.
June 24, 2010 -
Driver Shortage Due to Increased Freight
Truckinginfo.com discusses TCP’s Business Expectation Survey’s finding that there is currently a driver shortage due to increased amounts of truck freight. The article notes carriers’ reported decrease in dependence on brokers and a supply-demand dynamic that favors truckers. Read the full article.
June 23, 2010 -
Driver Shortage Increases Recruiting Efforts
Kevin Jones of TheTrucker.com reports TCP’s latest Business Expectations Survey’s findings about how carriers are responding to the current driver shortage. Because of this shortage, carriers are working to improve driver recruiting efforts. Read the full article.
June 23, 2010 -
Drivers Optimistic About Second Quarter 2010
BulkTransporter.com outlines TCP’s Business Expectations Survey for 2010’s second quarter. The article focuses on truckers’ strong optimism for the near future of the industry. Read the full article.
June 11, 2010 -
Truckers Looking Forward to the Year Ahead
Truckinginfo.com discusses TCP’s industry survey, pointing out that truckers are optimistic about the upcoming year. Quoting TCP’s Mikes and Batts, this article provides statistics from the survey that show truckers’ overwhelmingly positive predictions for their businesses. Read the full article.
April 12, 2010 -
Mergers and Acquisitions on the Rise
Mikes is quoted in a recent Transport Topics article which highlights the growing interest in mergers and acquisitions in the transportation industry. Factors such as the improving economy and greater business potential have accelerated the mergers and acquisitions market. To read more about recent acquisitions and the growing trend, read the full article.
April 9, 2010 -
Trucking Largely Unaffected by Maritime Transportation
TCP Managing Partner Lana Batts responded to the Department of Transportation’s “America’s Marine Highway” program in “Marine Highways Not Seen As Big Competitor to Trucking.” Batts asserts the trucking industry is safe unless “unless you can figure out how to get the barge to pull up to the dock at Wal-Mart.”
Read the full article here.
